BenefitsLedger
City · Plan year 2024 · Form 5500

Conshohocken, Pennsylvania employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

28 employers in Conshohocken, Pennsylvania filed health plans with 100 or more participants for plan year 2024, covering 54,086 participants. They reported $42M in insurance premiums and $5.4M in broker commissions and fees. Against 2023, premiums were up 2.4% and broker pay rose 13.3%.

Employer plans
28
54,086 participants
Premiums
$42M
+2.4% vs 2023
Broker pay
$5.4M
+13.3% vs 2023 · 27 disclosed
Median rate
n/a
too few insured medical plans

Funding: 8 fully insured · 5 self-funded · 15 mixed. 20 of 28 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Conshohocken

Conshohocken employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
Morgan Properties Payroll Services Inc.$20,888,005$247,4872,523NFP
NSM Insurance Group$7,440,404$2,001519James B. Oswald Company
Spring Eq$3,741,516$125,382324Emerson Rogers, LLC
Greater Philadelphia YMCA$3,150,108$169,697535Johnson Kendall and Johnson
Wampole-Miller, Inc.$2,943,557$219,413157Emerson Rogers LLC
Medsurant Holdings, LLC$2,280,871—340—
Deerfield Agency$1,503,144$115,313134Kistler Tiffany Benefits Gen Agency
Extremity Care, LLC$221,826$15,621518Gallagher
Quaker Chemical Corporation$152,769$85,3661,130NFP
Cencora, Inc.$85,240$1,462,72616,280Mercer
Ikea North America Services, LLC$0$526,65818,023Willis Towers Watson
Adapthealth, LLC$0$741,3276,805HUB International
Sharp Packaging Services LLC$0$20,1031,067Kelly & Associates Insurance Group
Boomi, LP$0$121,180902USI Insurance Services
Medrisk, LLC$0$138,633668Gallagher
Evervet Partners, LLC$0$4,848603Mercer
Conicelli Management Group, Inc.$0$194,493550Emerson Roges LLC
Hamilton Lane Advisors, LLC$0$86,990550Triben Insurance Solutions Inc
Continuum Companies, Inc.$0$46,217459The Foley Insurance Agency, Inc
Suvoda, LLC$0$216,034432Johnson, Kendall & Johnson
Onbe, Inc$0$276,351353Kistler Tiffany Benefits General Ag
Fioptix Inc$0$147,897350Gallagher
Spray Products Corporation$0$139,387212NFP
Academy in Manayunk dba Aim Academy$0$13,738151Conner Strong and Buckelew
Elocal USA LLC$0$69,977145Emerson Rogers, LLC

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 Conshohocken employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Conshohocken against Pennsylvania 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.

ConshohockenPennsylvaniaUnited States
Employer plans282,59958,547
Median commission raten/a4.4%3.8%
Middle half of ratesn/a3.0% – 5.4%2.7% – 5.0%
Median broker pay per employer$121,180$57,332$72,628
Medical premium per covered personn/a$7,621$7,274
Plans reporting no commission354933

Year over year. In plan year 2023, 25 Conshohocken employers reported $41M in premiums and $4.8M in broker pay for 45,725 participants; in 2024 it was $42M and $5.4M for 54,086 participants (premiums +2.4%, broker pay +13.3%).

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 Conshohocken employers pay health insurance brokers?

28 Conshohocken employers reported $5,441,150 in broker commissions and fees on their 2024 Form 5500 filings, 27 of them disclosing at least some compensation. Too few fully insured medical plans in Conshohocken reported premium to compute a stable commission rate; the Pennsylvania median is 4.4% and the U.S. median is 3.8%. In dollars, the median Conshohocken employer that disclosed broker pay reported $121,180.

Which Conshohocken employers have the largest health plans?

By insurance premium reported for 2024, Morgan Properties Payroll Services Inc. ($21M), NSM Insurance Group ($7.4M), Spring Eq ($3.7M) lead. 25 Conshohocken employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Conshohocken?

By compensation reported by Conshohocken employers, the largest brokers are Mercer ($1.3M, 2 plans), HUB International ($741,327, 1 plans), NFP ($445,348, 4 plans). By medical premium, the largest carriers are Independence Blue Cross, Blue Cross and Blue Shield of Alabama, Keystone.

Are Conshohocken employer health plans self-funded or fully insured?

Of 28 Conshohocken employer plans, 8 are fully insured, 5 are self-funded and 15 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 Pennsylvania

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