Collierville, Tennessee employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
16 employers in Collierville, Tennessee filed health plans with 100 or more participants for plan year 2024, covering 62,691 participants. They reported $8.2M in insurance premiums and $2.0M in broker commissions and fees. Against 2023, premiums were down 7.2% and broker pay fell 5.3%.
Funding: 5 fully insured · 8 self-funded · 3 mixed. 11 of 16 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Collierville
Collierville employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| The Alpha Corporation of Tennessee | $5,493,850 | $243,550 | 430 | Austin Madison |
| Jolly Roofing and Contracting Company, Inc. | $1,447,299 | $118,315 | 197 | Harry W Stansbury |
| Imc Companies, LLC | $1,163,947 | $367,746 | 1,522 | Higginbotham |
| Multi-South Management Services LLC | $77,738 | $114,878 | 254 | Streamline Enterprises LLC |
| DDMS Operations, LLC | $48,900 | $49,143 | 199 | Higginbotham |
| Federal Express Corporation | $0 | $113 | 49,246 | Mercer |
| Helena Agri-Enterprises, LLC | $0 | — | 4,575 | — |
| Orgill, Inc. | $0 | $623,245 | 3,037 | Mercer |
| Central Network Retail Group, LLC | $0 | $37,849 | 1,336 | Willis Towers Watson |
| United TN Holdings Inc. | $0 | $80,476 | 486 | Streamline Enterprises LLC |
| The Juice Plus Company, LLC | $0 | $44,313 | 431 | Higginbotham |
| Central Woodwork, Inc. | $0 | $78,237 | 306 | Indigo Insurance Services |
| Landers Ford Inc | $0 | $20,220 | 220 | Jas D Collier and Company |
| ST. George's Independent School | $0 | $78,451 | 181 | Higginbotham |
| Wright Construction Company, Inc. | $0 | $16,177 | 149 | Streamline Ent LLC DB |
| Maximus Building Supply, LLC | $0 | $90,243 | 122 | Streamline Ent LLC dba Canopynation |
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 Collierville employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Mercer | $585,864 | 4 |
| Higginbotham | $517,642 | 4 |
| Austin L Madison | $185,889 | 1 |
| Streamline Enterprises LLC | $106,393 | 2 |
| Harry W Stansbury | $93,564 | 1 |
| Gis Benefits Inc | $68,746 | 3 |
| Indigo Insurance Services | $62,656 | 1 |
| Streamline Ent LLC dba Canopynation | $59,290 | 1 |
| Plansource Benefits Administration | $46,345 | 1 |
| HUB International | $44,305 | 2 |
Largest medical carriers
Medical premium written for these employers.
Collierville against Tennessee 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.
| Collierville | Tennessee | United States | |
|---|---|---|---|
| Employer plans | 16 | 1,276 | 58,547 |
| Median commission rate | n/a | 3.9% | 3.8% |
| Middle half of rates | n/a | 3.3% – 5.3% | 2.7% – 5.0% |
| Median broker pay per employer | $78,451 | $82,913 | $72,628 |
| Medical premium per covered person | n/a | $5,747 | $7,274 |
| Plans reporting no commission | 0 | 13 | 933 |
Year over year. In plan year 2023, 17 Collierville employers reported $8.9M in premiums and $2.1M in broker pay for 59,622 participants; in 2024 it was $8.2M and $2.0M for 62,691 participants (premiums −7.2%, broker pay −5.3%).
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 Collierville employers pay health insurance brokers?
16 Collierville employers reported $1,962,956 in broker commissions and fees on their 2024 Form 5500 filings, 15 of them disclosing at least some compensation. Too few fully insured medical plans in Collierville reported premium to compute a stable commission rate; the Tennessee median is 3.9% and the U.S. median is 3.8%. In dollars, the median Collierville employer that disclosed broker pay reported $78,451.
Which Collierville employers have the largest health plans?
By insurance premium reported for 2024, The Alpha Corporation of Tennessee ($5.5M), Jolly Roofing and Contracting Company, Inc. ($1.4M), Imc Companies, LLC ($1.2M) lead. 16 Collierville employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Collierville?
By compensation reported by Collierville employers, the largest brokers are Mercer ($585,864, 4 plans), Higginbotham ($517,642, 4 plans), Austin L Madison ($185,889, 1 plans). By medical premium, the largest carriers are Bluecross Blueshield of Tennessee, Inc., Cigna Health and Life Insurance Company, Gerber Life Insurance Company.
Are Collierville employer health plans self-funded or fully insured?
Of 16 Collierville employer plans, 5 are fully insured, 8 are self-funded and 3 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 Tennessee
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