New Braunfels, Texas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
16 employers in New Braunfels, Texas filed health plans with 100 or more participants for plan year 2024, covering 13,279 participants. They reported $5.3M in insurance premiums and $2.9M in broker commissions and fees. Against 2023, premiums were up 7.7% and broker pay rose 73.9%.
Funding: 5 fully insured · 6 self-funded · 5 mixed. 11 of 16 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in New Braunfels
New Braunfels employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Ingram Ready Mix, Inc. | $5,068,872 | $66,674 | 773 | Marsh McLennan Agency |
| Hope Hospice | $190,892 | $103,613 | 124 | HUB International |
| Rush Enterprises, Inc. | $0 | $1,844,336 | 7,412 | Ibenefit Communication LLC |
| Taskus, Inc. | $0 | $48,690 | 2,208 | Wills Towers Watson Insurance Servi |
| Tac Enertech Resources Holdings, LLC | $0 | $259,092 | 765 | Lockton |
| Guadalupe Valley Telephone Cooperative, Inc. | $0 | $49,643 | 347 | Marsh McLennan Agency |
| Midtex Oil, LP | $0 | $108,497 | 278 | Holmes Murphy |
| CGT U.S. Limited | $0 | $158,835 | 235 | HUB International |
| Win-Con Enterprises, Inc. | $0 | $34,299 | 220 | USI Insurance Services |
| Lake Island Healthcare, Inc | $0 | — | 163 | — |
| True Mental Health Services, Inc. | $0 | $44,606 | 140 | Davidson Camp Insurance Services |
| Modoc Tribal Enterprises Authority | $0 | $78,697 | 135 | The Lillard Company, LLC |
| Riverwalk Healthcare, Inc. | $0 | — | 135 | — |
| Lcptracker, Inc | $0 | $116,528 | 126 | Renee Jordan |
| Detex Corporation | $0 | $9,308 | 113 | Centro Benefits Research LLC |
| Fuquay, Inc. | $0 | $6,496 | 105 | Alliant Insurance Services |
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 New Braunfels employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Ibenefit Communication, LLC | $950,333 | 1 |
| HUB International | $662,302 | 4 |
| Mark G. Squires | $403,348 | 1 |
| Lockton | $218,901 | 1 |
| Holmes Murphy | $108,497 | 1 |
| Renee Jordan | $94,556 | 1 |
| Marsh McLennan Agency | $94,497 | 2 |
| The Lillard Company, LLC | $78,697 | 1 |
| USI Insurance Services | $71,779 | 2 |
| Catto & Catto Benefits Group LLP | $66,808 | 3 |
Largest medical carriers
Medical premium written for these employers.
New Braunfels against Texas 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.
| New Braunfels | Texas | United States | |
|---|---|---|---|
| Employer plans | 16 | 4,926 | 58,547 |
| Median commission rate | n/a | 5.6% | 3.8% |
| Middle half of rates | n/a | 2.7% – 6.0% | 2.7% – 5.0% |
| Median broker pay per employer | $72,686 | $86,351 | $72,628 |
| Medical premium per covered person | n/a | $6,089 | $7,274 |
| Plans reporting no commission | 0 | 22 | 933 |
Year over year. In plan year 2023, 14 New Braunfels employers reported $4.9M in premiums and $1.7M in broker pay for 13,975 participants; in 2024 it was $5.3M and $2.9M for 13,279 participants (premiums +7.7%, broker pay +73.9%).
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 New Braunfels employers pay health insurance brokers?
16 New Braunfels employers reported $2,929,314 in broker commissions and fees on their 2024 Form 5500 filings, 14 of them disclosing at least some compensation. Too few fully insured medical plans in New Braunfels reported premium to compute a stable commission rate; the Texas median is 5.6% and the U.S. median is 3.8%. In dollars, the median New Braunfels employer that disclosed broker pay reported $72,686.
Which New Braunfels employers have the largest health plans?
By insurance premium reported for 2024, Ingram Ready Mix, Inc. ($5.1M), Hope Hospice ($190,892), Rush Enterprises, Inc. ($0) lead. 16 New Braunfels employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in New Braunfels?
By compensation reported by New Braunfels employers, the largest brokers are Ibenefit Communication, LLC ($950,333, 1 plans), HUB International ($662,302, 4 plans), Mark G. Squires ($403,348, 1 plans). By medical premium, the largest carriers are Health Care Service Corporation, Bluecross Blueshield of Oklahoma, Bluecross Blueshield of Texas.
Are New Braunfels employer health plans self-funded or fully insured?
Of 16 New Braunfels employer plans, 5 are fully insured, 6 are self-funded and 5 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 Texas
Is your company on this page? Get its Form 5500 read next to the New Braunfels, Texas medians.
Tell us the company and a specialist writes up what the public Form 5500 record shows for it, if it files one: broker pay against the medians above, fee disclosure and filing timeliness, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.