Reading, Pennsylvania employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
36 employers in Reading, Pennsylvania filed health plans with 100 or more participants for plan year 2024, covering 70,994 participants. They reported $3.7M in insurance premiums and $7.6M in broker commissions and fees. Against 2023, premiums were down 36.2% and broker pay rose 8.3%.
Funding: 3 fully insured · 24 self-funded · 9 mixed. 33 of 36 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Reading
Reading employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Carpenter Technology Corporation | $2,671,810 | $52,810 | 3,840 | Aon |
| Brenntag North America, Inc. | $546,573 | $2,425,209 | 4,458 | Aon |
| Apis Services, Inc. | $158,812 | $121,446 | 3,132 | Johnson Kendall and Johnson |
| Boscov's, Inc. | $118,850 | $153,691 | 3,987 | Mercer |
| Service Access & Management, Inc. | $55,837 | $76,520 | 569 | Ingroup Associates LLC |
| Quaker Maid Meats, Inc | $53,604 | $10,349 | 126 | Inservices LLC |
| Clover Farms Dairy LLC | $20,044 | $16,992 | 262 | North American Benefits Company |
| Albright College | $15,352 | $19,009 | 372 | Tompkins Insurance |
| Alvernia University | $14,236 | $34,701 | 292 | Multiple Brokers See Appendix |
| R. M. Palmer Company, LLC | $12,277 | $29,153 | 368 | Marsh McLennan Agency |
| Prospectus Associates, Inc. | $10,433 | $21,658 | 230 | Gallagher |
| Misco Products Corporation | $7,322 | $5,836 | 135 | James R Nelligan & Associates LLC |
| Sai Med Partners, LLC | $156 | $71,092 | 101 | Power-Kunkle Group, Inc. |
| Penske Truck Leasing Co., LP | $0 | $1,354,959 | 26,575 | Mercer |
| Rentokil North America Inc. | $0 | $1,718,872 | 10,352 | Mercer |
| Enersys Delaware, Inc. | $0 | $488,169 | 5,055 | Mercer |
| ST. Joseph Regional Health Network | $0 | $168,050 | 2,831 | Sedgwick Claims MGNT SVCS, Inc. |
| Redner's Markets, Inc. | $0 | $120,073 | 2,141 | Willis Towers Watson |
| Brentwood Industries, Inc. | $0 | $71,210 | 632 | Power-Kunkle Group Inc. |
| Sweet Street Desserts, Inc. Employee Benefit Plan | $0 | $69,997 | 560 | The Benecon Group |
| Trustees of IBEW No 743 Health and Welfare Plan | $0 | — | 555 | — |
| Fidelity Technologies Corporation | $0 | $33,308 | 550 | World Insurance Associates |
| Elite Sportswear, L.P. | $0 | $54,865 | 526 | Clarity Enrollment Solutions LLC |
| The Phoenix Forge Group LLC | $0 | $70,826 | 494 | Fairbanks, William Matthew |
| Cambridge-Lee Industries, LLC | $0 | $20,331 | 488 | Tompkins Insurance |
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 Reading employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Mercer | $3,676,057 | 6 |
| Aon | $1,156,426 | 2 |
| Hewitt Ins Brokerage LLC | $649,296 | 1 |
| Custom Benefit Programs Inc | $451,442 | 1 |
| Power-Kunkle Group Inc | $130,639 | 4 |
| Custom BNFT Programs Inc | $122,920 | 1 |
| Johnson Kendall and Johnson | $120,794 | 1 |
| Sedgwick Claims MGNT SVCS, Inc. | $100,234 | 1 |
| Marsh McLennan Agency | $90,888 | 4 |
| Ingroup Associates, Inc. | $73,565 | 1 |
Largest medical carriers
Medical premium written for these employers.
Reading 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.
| Reading | Pennsylvania | United States | |
|---|---|---|---|
| Employer plans | 36 | 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 | $53,838 | $57,332 | $72,628 |
| Medical premium per covered person | n/a | $7,621 | $7,274 |
| Plans reporting no commission | 0 | 54 | 933 |
Year over year. In plan year 2023, 36 Reading employers reported $5.8M in premiums and $7.0M in broker pay for 66,901 participants; in 2024 it was $3.7M and $7.6M for 70,994 participants (premiums −36.2%, broker pay +8.3%).
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 Reading employers pay health insurance brokers?
36 Reading employers reported $7,609,062 in broker commissions and fees on their 2024 Form 5500 filings, 32 of them disclosing at least some compensation. Too few fully insured medical plans in Reading 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 Reading employer that disclosed broker pay reported $53,838.
Which Reading employers have the largest health plans?
By insurance premium reported for 2024, Carpenter Technology Corporation ($2.7M), Brenntag North America, Inc. ($546,573), Apis Services, Inc. ($158,812) lead. 25 Reading employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Reading?
By compensation reported by Reading employers, the largest brokers are Mercer ($3.7M, 6 plans), Aon ($1.2M, 2 plans), Hewitt Ins Brokerage LLC ($649,296, 1 plans). By medical premium, the largest carriers are Medical Mutual, Kaiser Foundation Health Plan of Washington Options, Inc., Transamerica Life Insurance Company.
Are Reading employer health plans self-funded or fully insured?
Of 36 Reading employer plans, 3 are fully insured, 24 are self-funded and 9 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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