Malvern, Pennsylvania employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
41 employers in Malvern, Pennsylvania filed health plans with 100 or more participants for plan year 2024, covering 72,945 participants. They reported $38M in insurance premiums and $5.5M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 4.5% of premium, against 4.4% across Pennsylvania and 3.8% nationally. Against 2023, premiums were down 13.3% and broker pay rose 10.4%.
Funding: 10 fully insured · 10 self-funded · 21 mixed. 31 of 41 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Malvern
Malvern employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Balfour Beatty Investments, Inc. | $9,566,617 | $137,913 | 1,464 | Lockton |
| Fujirebio Diagnostics, Inc. | $6,620,502 | $224,576 | 384 | Willis Towers Watson |
| The Vanguard Group, Inc. | $4,181,143 | $254,234 | 18,763 | Willis Towers Watson |
| Meridian Bank | $3,579,162 | $161,594 | 277 | Conner Strong & Buckelew |
| Tela Bio, Inc | $3,501,235 | $240,802 | 193 | Emerson Rogers, LLC |
| Valley Forge Educational Services | $2,505,641 | $145,184 | 265 | Gallagher |
| Veltek Associates, Inc. | $1,720,284 | $325,855 | 154 | MY Benefit Advisor LLC |
| International Management Consultants, Inc. | $1,686,283 | $188,224 | 155 | The Conestoga Group |
| Becket & Lee | $1,395,368 | $92,797 | 118 | Greystone Benefits |
| Macadam Company | $1,304,077 | $59,389 | 111 | AssuredPartners |
| Alliance Pharma, Inc. | $855,741 | $73,578 | 193 | Kistler Tiffany Benefits General Ag |
| Savana, Inc. | $622,838 | $72,483 | 111 | The Conestoga Group |
| Brock & Company, Inc. | $547,745 | $32,784 | 301 | Marsh McLennan Agency |
| Vishay Intertechnology, Inc. | $75,044 | $129,589 | 1,926 | Willis Towers Watson |
| Customers Bank | $69,921 | $211,398 | 935 | NFP |
| Ifm Efector, Inc. | $18,414 | $285,798 | 314 | Gallagher |
| Cenero, LLC | $17,731 | $45,841 | 201 | World Insurance Associates |
| 3si Security Systems, Inc. | $13,708 | $134,375 | 195 | NFP |
| Siemens Medical Solutions USA, Inc. | $0 | $220,701 | 19,508 | Aon |
| Saint-Gobain Corporation | $0 | $594,707 | 14,949 | Mercer |
| Cubesmart, L.P. | $0 | $225,553 | 3,100 | Triben Insurance Solutions, Inc. |
| Erm-Na Holdings Corp. | $0 | $33,891 | 2,688 | Gallagher |
| Endo USA, Inc. | $0 | $132,901 | 1,190 | USI Insurance Services |
| Turnberry Solutions, Inc. | $0 | $31,688 | 993 | Brown & Brown |
| TMS Neurohealth Centers Services, LLC | $0 | $74,721 | 627 | The Meltzer Group, Inc. |
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 Malvern employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Mercer | $767,237 | 5 |
| Willis Towers Watson | $608,399 | 3 |
| Gallagher | $547,458 | 4 |
| Emerson Rogers, LLC | $441,331 | 10 |
| NFP | $341,664 | 3 |
| MY Benefit Advisor LLC | $239,538 | 1 |
| Aon | $239,106 | 2 |
| USI Insurance Services | $190,116 | 2 |
| The Conestoga Group | $188,754 | 2 |
| Michael Hand | $181,922 | 1 |
Largest medical carriers
Medical premium written for these employers.
Malvern 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.
| Malvern | Pennsylvania | United States | |
|---|---|---|---|
| Employer plans | 41 | 2,599 | 58,547 |
| Median commission rate | 4.5% (10 plans) | 4.4% | 3.8% |
| Middle half of rates | 3.5% – 5.9% | 3.0% – 5.4% | 2.7% – 5.0% |
| Median broker pay per employer | $132,901 | $57,332 | $72,628 |
| Medical premium per covered person | $7,716 | $7,621 | $7,274 |
| Plans reporting no commission | 1 | 54 | 933 |
Year over year. In plan year 2023, 38 Malvern employers reported $44M in premiums and $5.0M in broker pay for 69,454 participants; in 2024 it was $38M and $5.5M for 72,945 participants (premiums −13.3%, broker pay +10.4%).
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 Malvern employers pay health insurance brokers?
41 Malvern employers reported $5,487,727 in broker commissions and fees on their 2024 Form 5500 filings, 39 of them disclosing at least some compensation. Among 10 commission-paying, fully insured medical plans, the median broker rate was 4.5% of premium, 0.1 points above the Pennsylvania median of 4.4% and 0.8 points above the U.S. median of 3.8%. In dollars, the median Malvern employer that disclosed broker pay reported $132,901.
Which Malvern employers have the largest health plans?
By insurance premium reported for 2024, Balfour Beatty Investments, Inc. ($9.6M), Fujirebio Diagnostics, Inc. ($6.6M), The Vanguard Group, Inc. ($4.2M) lead. 25 Malvern employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Malvern?
By compensation reported by Malvern employers, the largest brokers are Mercer ($767,237, 5 plans), Willis Towers Watson ($608,399, 3 plans), Gallagher ($547,458, 4 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Independence Blue Cross, Keystone.
Are Malvern employer health plans self-funded or fully insured?
Of 41 Malvern employer plans, 10 are fully insured, 10 are self-funded and 21 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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