Latham, New York employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
23 employers in Latham, New York filed health plans with 100 or more participants for plan year 2024, covering 11,738 participants. They reported $1.9M in insurance premiums and $1.8M in broker commissions and fees. Against 2023, premiums were down 50.8% and broker pay rose 4.3%.
Funding: 9 fully insured · 7 self-funded · 7 mixed. 14 of 23 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Latham
Latham employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Mobile Air Transport, Inc. | $1,448,319 | $48,493 | 113 | HMS Agency, Inc. |
| Protective Industrial Products, Inc. | $468,309 | $236,402 | 973 | NFP |
| Capital District Physicians Health Plan Inc | $0 | $152,968 | 1,416 | Reiser Consulting Group Inc |
| Latham Pool Products, Inc. | $0 | $270,464 | 1,365 | Lockton |
| Plumbers and Steamfitters Local No. 7 Welfare Fund | $0 | $40,006 | 1,239 | Delta Dental of New York |
| Community Care Physicians, PLLC | $0 | $60,813 | 1,087 | Marshall & Sterling Employee Benefi |
| New York State United Teachers | $0 | $127,041 | 899 | Delta Dental of New York |
| New York State United Teachers | $0 | — | 899 | — |
| Angiodynamics, Inc. | $0 | $50,798 | 760 | Marshall & Sterling |
| CCP Tass Inc | $0 | $24,683 | 700 | Marshall & Stelring Employee Benefi |
| Orthopedicsny LLP | $0 | $29,712 | 402 | Gallagher |
| Sunmark Credit Union | $0 | $48,369 | 248 | Marshall & Sterling Employee Benefi |
| MDF Commerce Inc. | $0 | $145,881 | 196 | Marsh McLennan Agency |
| Currier McCabe & Associates | $0 | $91,025 | 196 | NFP |
| Bette & Cring | $0 | $74,035 | 193 | Brown & Brown |
| Imperial Pools Inc | $0 | $65,386 | 192 | Gallagher |
| Keeler Intermediate Holdings LLC | $0 | $10,403 | 178 | Paychex Insurance Agency |
| Upstate Veterinary Specialties, PLLC | $0 | $60,886 | 124 | Gallagher |
| Access Group | $0 | $71,142 | 116 | Gallagher |
| C.T. Male Associates Engineering, Surveying, Architecture, Landscape a | $0 | $19,720 | 115 | Marshall & Sterling Employee Benefi |
| BST & Co. CPAS, LLP | $0 | $45,035 | 115 | Austin & Co Inc |
| Destination 770 Auto, Inc. | $0 | $49,820 | 108 | Brown & Brown |
| Regional Food Bank of Northeastern New York, Inc. | $0 | $60,377 | 104 | Marshall & Sterling Employee B |
Source: DOL Form 5500 Schedule A, plan year 2024; employers are grouped by the sponsor's mailing city as filed. Self-funded employers show only stop-loss and ancillary premium.
Who gets paid
Commissions and fees reported by Latham employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| NFP | $279,750 | 2 |
| Lockton | $270,464 | 1 |
| Gallagher | $226,940 | 4 |
| Delta Dental of New York | $155,983 | 3 |
| Marsh McLennan Agency | $145,881 | 1 |
| Marshall & Sterling Employee Benefi | $135,234 | 4 |
| Brown & Brown | $123,855 | 2 |
| Reiser Consulting Group Inc | $82,630 | 1 |
| Marshall & Sterling Employee B | $60,377 | 1 |
| Marshall & Sterling Inc | $50,798 | 1 |
Largest medical carriers
Medical premium written for these employers.
Latham against New York and the U.S.
Medians over the same definitions on every BenefitsLedger page: commission rate on commission-paying, fully insured medical plans; broker pay per employer that disclosed any; medical premium per covered person.
| Latham | New York | United States | |
|---|---|---|---|
| Employer plans | 23 | 3,508 | 58,547 |
| Median commission rate | n/a | 3.7% | 3.8% |
| Middle half of rates | n/a | 2.9% – 4.3% | 2.7% – 5.0% |
| Median broker pay per employer | $60,595 | $85,893 | $72,628 |
| Medical premium per covered person | n/a | $10,907 | $7,274 |
| Plans reporting no commission | 0 | 28 | 933 |
Year over year. In plan year 2023, 22 Latham employers reported $3.9M in premiums and $1.7M in broker pay for 11,938 participants; in 2024 it was $1.9M and $1.8M for 11,738 participants (premiums −50.8%, broker pay +4.3%).
Source: DOL Form 5500 and Schedule A, plan years 2024 and 2023, employer health plans with 100 or more participants; built October 24, 2026. Medians need at least 10 rated plans to be shown for a city. Methodology.
How much do Latham employers pay health insurance brokers?
23 Latham employers reported $1,783,459 in broker commissions and fees on their 2024 Form 5500 filings, 22 of them disclosing at least some compensation. Too few fully insured medical plans in Latham reported premium to compute a stable commission rate; the New York median is 3.7% and the U.S. median is 3.8%. In dollars, the median Latham employer that disclosed broker pay reported $60,595.
Which Latham employers have the largest health plans?
By insurance premium reported for 2024, Mobile Air Transport, Inc. ($1.4M), Protective Industrial Products, Inc. ($468,309), Capital District Physicians Health Plan Inc ($0) lead. 23 Latham employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Latham?
By compensation reported by Latham employers, the largest brokers are NFP ($279,750, 2 plans), Lockton ($270,464, 1 plans), Gallagher ($226,940, 4 plans). By medical premium, the largest carriers are Highmark Western and Northeastern New York Inc., MVP Healthcare, Capital District Physician's Health Plan Inc..
Are Latham employer health plans self-funded or fully insured?
Of 23 Latham employer plans, 9 are fully insured, 7 are self-funded and 7 mix insured and self-funded coverage. Self-funded plans report only stop-loss and ancillary contracts on Schedule A, so their premium and broker pay understate total spend.
Other cities in New York
Is your company on this page? Get its Form 5500 read next to the Latham, New York medians.
Tell us the company and a specialist writes up what the public Form 5500 record shows for it, if it files one: broker pay against the medians above, fee disclosure and filing timeliness, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.