King Of Prussia, Pennsylvania employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
46 employers in King Of Prussia, Pennsylvania filed health plans with 100 or more participants for plan year 2024, covering 123,973 participants. They reported $43M in insurance premiums and $10M in broker commissions and fees. Against 2023, premiums were up 40.9% and broker pay fell 0.3%.
Funding: 11 fully insured · 16 self-funded · 19 mixed. 35 of 46 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in King Of Prussia
King Of Prussia employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Piazza Management Company | $6,993,315 | $629,151 | 1,306 | Kistler Tiffany Benefits General Ag |
| Sagent M&C, LLC | $6,380,151 | $29,657 | 377 | Sags Joint Venture LLC |
| Color Employer LLC | $5,072,230 | $28,771 | 325 | Mercer |
| Goddard Systems, LLC | $3,868,040 | $188,495 | 214 | Marsh McLennan Agency |
| Greenphire, LLC | $3,246,045 | $141,826 | 313 | Lockton |
| Center for Breakthrough Medicines | $3,165,641 | $224,157 | 312 | Lockton |
| Wuxi Biologics USA, LLC | $2,732,542 | $219,844 | 402 | Mercer |
| People 2.0 Global, LLC | $2,220,056 | $263,288 | 1,110 | Assurance Agency LTD |
| Supplyforce | $1,692,015 | $90,559 | 117 | Emerson Rogers LLC |
| Execupower LLC | $1,639,922 | $160,480 | 202 | Kistler Tiffany Benefits Agency LLC |
| Franklin Biolabs, Inc. | $1,485,539 | $135,066 | 104 | Sterling Benefits, LLC |
| Imagefirst Healthcare Laundry Specialists, Inc. | $1,301,549 | $929,998 | 3,886 | Lockton |
| CSL Behring LLC | $1,242,317 | $1,085,339 | 19,420 | Marsh McLennan Agency |
| Inhome Therapy, Inc. | $1,200,869 | $104,126 | 257 | AssuredPartners |
| Qliktech, Inc. | $619,290 | $77,768 | 1,009 | Mercer |
| Ci&T Inc | $303,311 | $47,115 | 121 | The Safegard Group Inc |
| Agora Cyber Charter School | $78,428 | $30,625 | 506 | Kistler Tiffany Benefits Gen Agency |
| Universal Health Services, Inc. | $0 | $2,001,977 | 65,125 | Marsh McLennan Agency |
| Amerigas Propane, Inc. | $0 | $348,613 | 4,782 | Willis Towers Watson |
| Radial Commerce, Inc. | $0 | $116,800 | 4,553 | Willis Towers Watson |
| Arkema Inc. | $0 | $434,918 | 3,687 | Mercer |
| United Biosource, LLC | $0 | $126,885 | 2,394 | — |
| Veterinary Practice Partners | $0 | $471,140 | 2,156 | Brio Benefit Consulting, Inc |
| Recovery Centers of America Holdings LLC | $0 | $310,452 | 1,642 | Acrisure |
| David's Bridal Inc. | $0 | $112,655 | 1,355 | Mercer |
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 King Of Prussia employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $3,606,520 | 8 |
| Lockton | $1,345,785 | 5 |
| Mercer | $1,015,715 | 6 |
| Kistler Tiffany Benefits General Ag | $435,798 | 2 |
| Willis Towers Watson | $419,305 | 3 |
| EPIC Insurance Brokers | $361,789 | 1 |
| Brio Benefit Consulting Inc | $295,073 | 1 |
| Creative Benefits Inc | $233,191 | 1 |
| Ibenefit Communication, LLC | $213,642 | 1 |
| Acrisure | $205,448 | 1 |
Largest medical carriers
Medical premium written for these employers.
King Of Prussia 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.
| King Of Prussia | Pennsylvania | United States | |
|---|---|---|---|
| Employer plans | 46 | 2,599 | 58,547 |
| Median commission rate | n/a | 4.4% | 3.8% |
| Middle half of rates | n/a | 3.0% – 5.4% | 2.7% – 5.0% |
| Median broker pay per employer | $116,800 | $57,332 | $72,628 |
| Medical premium per covered person | $7,072 | $7,621 | $7,274 |
| Plans reporting no commission | 3 | 54 | 933 |
Year over year. In plan year 2023, 45 King Of Prussia employers reported $31M in premiums and $10M in broker pay for 123,188 participants; in 2024 it was $43M and $10M for 123,973 participants (premiums +40.9%, broker pay −0.3%).
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 King Of Prussia employers pay health insurance brokers?
46 King Of Prussia employers reported $10,142,253 in broker commissions and fees on their 2024 Form 5500 filings, 43 of them disclosing at least some compensation. Too few fully insured medical plans in King Of Prussia 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 King Of Prussia employer that disclosed broker pay reported $116,800.
Which King Of Prussia employers have the largest health plans?
By insurance premium reported for 2024, Piazza Management Company ($7.0M), Sagent M&C, LLC ($6.4M), Color Employer LLC ($5.1M) lead. 25 King Of Prussia employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in King Of Prussia?
By compensation reported by King Of Prussia employers, the largest brokers are Marsh McLennan Agency ($3.6M, 8 plans), Lockton ($1.3M, 5 plans), Mercer ($1.0M, 6 plans). By medical premium, the largest carriers are Independence Blue Cross, Cigna Health and Life Insurance Company, Prudential Insurance Company of America.
Are King Of Prussia employer health plans self-funded or fully insured?
Of 46 King Of Prussia employer plans, 11 are fully insured, 16 are self-funded and 19 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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