Tulsa, Oklahoma employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
202 employers in Tulsa, Oklahoma filed health plans with 100 or more participants for plan year 2024, covering 129,940 participants. They reported $65M in insurance premiums and $22M in broker commissions and fees. Against 2023, premiums were up 7.5% and broker pay rose 25.6%.
Funding: 79 fully insured · 73 self-funded · 50 mixed. 123 of 202 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Tulsa
Tulsa employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Quiktrip Corporation | $20,718,659 | $114,868 | 9,389 | HUB International |
| The Nordam Group LLC | $14,260,191 | $541,877 | 1,473 | Lockton |
| Spectrum Paint Company, Inc. | $4,997,146 | $248,665 | 584 | Lockton |
| Oral Roberts University | $3,875,848 | $113,132 | 594 | Summit Financial Group Inc |
| Helmerich & Payne Management, LLC | $3,080,066 | — | 6,200 | — |
| Cherokee Nation Businesses, LLC | $2,757,270 | $1,658,457 | 4,088 | Custom Benefits Prog Inc an Aon Co |
| Latshaw Drilling & Exploration Company | $1,782,419 | $48,100 | 284 | Gallagher |
| Matrix Service Company | $1,341,759 | $198,729 | 1,103 | Lockton |
| The Hawthorn Group, Inc. | $945,409 | $174,527 | 1,575 | Lockton |
| The University of Tulsa | $866,637 | $131,743 | 1,089 | Bancfirst Insurance Services, Inc. |
| One Gas, Inc. | $820,692 | $110,974 | 5,909 | Willis Towers Watson |
| Explorer Pipeline Company | $623,106 | $85,130 | 682 | HUB International |
| TD Williamson, LLC, Formerly Known As T.D. Williamson, Inc. | $612,220 | $222,066 | 894 | Aon |
| Communitycare HMO, Inc | $507,124 | $20,285 | 472 | Gallagher |
| Edge Ofs | $486,913 | $320,199 | 953 | Lockton |
| Careatc, Inc. | $383,222 | $155,064 | 424 | Marsh McLennan Agency |
| Cof Aggregate Holdings, Inc. | $375,753 | $83,455 | 407 | Bancfirst Insurance Services, Inc. |
| Community Action Project of Tulsa County | $373,647 | $73,052 | 583 | HUB International |
| Case & Associates Properties, Inc. | $363,786 | $53,138 | 794 | HUB International |
| Mill Creek Lumber & Supply Co. | $344,883 | $893,137 | 882 | Lockton |
| Lufthansa Technik Engine Services | $340,689 | $34,576 | 150 | Lockton |
| Integrated Services Company, LLC | $324,314 | $105,987 | 350 | Summit Financial Group Inc. |
| McElroy Manufacturing, Inc. | $296,374 | $235,857 | 517 | Benefit Plan Strategies |
| Insulation Specialists of Tulsa | $273,345 | $117,565 | 642 | Bancfirst Insurance |
| Oklahoma Cancer Specialists Management Company LLC | $251,954 | $44,151 | 354 | USI Insurance Services |
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 Tulsa employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| HUB International | $4,887,961 | 53 |
| Lockton | $3,128,277 | 17 |
| Relation Insurance | $1,361,616 | 13 |
| Gallagher | $1,163,636 | 23 |
| Aon | $1,120,224 | 5 |
| Bancfirst Insurance Services, Inc. | $821,159 | 9 |
| USI Insurance Services | $806,909 | 6 |
| Custom Benefits Prog Inc an Aon Co | $766,224 | 1 |
| Summit Financial Group Inc | $755,242 | 13 |
| Cottingham & Butler | $671,092 | 1 |
Largest medical carriers
Medical premium written for these employers.
Tulsa against Oklahoma 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.
| Tulsa | Oklahoma | United States | |
|---|---|---|---|
| Employer plans | 202 | 617 | 58,547 |
| Median commission rate | n/a | 1.6% | 3.8% |
| Middle half of rates | n/a | 0.8% – 2.6% | 2.7% – 5.0% |
| Median broker pay per employer | $73,052 | $70,599 | $72,628 |
| Medical premium per covered person | n/a | n/a | $7,274 |
| Plans reporting no commission | 0 | 4 | 933 |
Year over year. In plan year 2023, 198 Tulsa employers reported $60M in premiums and $18M in broker pay for 118,638 participants; in 2024 it was $65M and $22M for 129,940 participants (premiums +7.5%, broker pay +25.6%).
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 Tulsa employers pay health insurance brokers?
202 Tulsa employers reported $22,134,305 in broker commissions and fees on their 2024 Form 5500 filings, 183 of them disclosing at least some compensation. Too few fully insured medical plans in Tulsa reported premium to compute a stable commission rate; the Oklahoma median is 1.6% and the U.S. median is 3.8%. In dollars, the median Tulsa employer that disclosed broker pay reported $73,052.
Which Tulsa employers have the largest health plans?
By insurance premium reported for 2024, Quiktrip Corporation ($21M), The Nordam Group LLC ($14M), Spectrum Paint Company, Inc. ($5.0M) lead. 25 Tulsa employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Tulsa?
By compensation reported by Tulsa employers, the largest brokers are HUB International ($4.9M, 53 plans), Lockton ($3.1M, 17 plans), Relation Insurance ($1.4M, 13 plans). By medical premium, the largest carriers are Bluecross Blueshield of Oklahoma, Bluecross Blueshield of Illinois, Communitycare HMO.
Are Tulsa employer health plans self-funded or fully insured?
Of 202 Tulsa employer plans, 79 are fully insured, 73 are self-funded and 50 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 Oklahoma
Is your company on this page? Get its Form 5500 read next to the Tulsa, Oklahoma 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.