Plano, Texas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
157 employers in Plano, Texas filed health plans with 100 or more participants for plan year 2024, covering 303,447 participants. They reported $20M in insurance premiums and $25M in broker commissions and fees. Against 2023, premiums were down 51.8% and broker pay rose 23.4%.
Funding: 36 fully insured · 55 self-funded · 66 mixed. 121 of 157 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Plano
Plano employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Argano, LLC | $11,445,901 | $487,997 | 999 | Lockton |
| Penney Opco, LLC | $2,357,559 | $636,790 | 53,748 | Willis Towers Watson |
| SFMC, LP | $2,006,005 | $133,232 | 222 | Marsh McLennan Agency |
| Movate Inc. | $1,651,490 | $167,567 | 353 | Gallagher |
| Upbound Group, Inc. | $921,889 | $440,161 | 9,769 | Lockton |
| Tech Mahindra (americas) Inc. | $536,794 | $321,190 | 4,141 | Aon |
| Southwest LTC, LTD. | $451,693 | $193,504 | 298 | WFKB, LTD |
| CG Infinity Inc | $426,168 | $38,533 | 136 | Ebenconcepts Company |
| Retail Services Wis Corporation, dba Wis International | $269,792 | $252,524 | 4,568 | Aon |
| Blended Health Services, LLC | $185,624 | $57,138 | 310 | HUB International |
| Ol Management LLC | $79,399 | $64,318 | 103 | Marsh McLennan Agency |
| Delta Electronics (USA) Inc. | $17,946 | $30,555 | 143 | Woodruff Sawyer |
| Toyota Motor North America, Inc. | $0 | $1,132,635 | 43,006 | Willis Towers Watson |
| Aimbridge Parent, Inc. | $0 | $130,495 | 31,203 | Mercer |
| Aimbridge Parent, Inc. | $0 | $130,495 | 31,203 | Mercer |
| NTT Data Americas, Inc. | $0 | $796,085 | 10,703 | Custom Benefit Programs, Inc. |
| Raising Cane's USA, LLC | $0 | $500,047 | 8,914 | Mercer |
| Tyler Technologies, Inc. | $0 | $350,870 | 6,917 | Lockton |
| U.S. Renal Care, Inc. | $0 | $979,831 | 6,277 | Lockton |
| Ericsson Inc. | $0 | $757,061 | 5,851 | Willis Towers Watson |
| Integer Holdings Corporation | $0 | $636,786 | 4,366 | Lockton |
| Fisher Asset Management, LLC dba Fisher Investments | $0 | $369,890 | 4,359 | Mercer |
| Cinemark USA, Inc. | $0 | $273,946 | 3,824 | Lockton |
| Reliant Rehabilitation | $0 | $400,155 | 2,950 | Gallagher |
| Community Hospital Corporation | $0 | $407,850 | 2,915 | Lockton |
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 Plano employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Lockton | $7,523,620 | 32 |
| Marsh McLennan Agency | $2,176,554 | 30 |
| Gallagher | $1,942,058 | 15 |
| Willis Towers Watson | $1,912,408 | 7 |
| Mercer | $1,684,461 | 12 |
| USI Insurance Services | $1,296,539 | 10 |
| Aon | $778,570 | 4 |
| The Plexus Groupe LLC | $563,014 | 2 |
| Custom Benefit Programs Inc | $436,540 | 3 |
| Holmes Murphy | $430,144 | 6 |
Largest medical carriers
Medical premium written for these employers.
Plano 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.
| Plano | Texas | United States | |
|---|---|---|---|
| Employer plans | 157 | 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 | $119,380 | $86,351 | $72,628 |
| Medical premium per covered person | n/a | $6,089 | $7,274 |
| Plans reporting no commission | 1 | 22 | 933 |
Year over year. In plan year 2023, 148 Plano employers reported $42M in premiums and $20M in broker pay for 304,225 participants; in 2024 it was $20M and $25M for 303,447 participants (premiums −51.8%, broker pay +23.4%).
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 Plano employers pay health insurance brokers?
157 Plano employers reported $25,245,079 in broker commissions and fees on their 2024 Form 5500 filings, 146 of them disclosing at least some compensation. Too few fully insured medical plans in Plano 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 Plano employer that disclosed broker pay reported $119,380.
Which Plano employers have the largest health plans?
By insurance premium reported for 2024, Argano, LLC ($11M), Penney Opco, LLC ($2.4M), SFMC, LP ($2.0M) lead. 25 Plano employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Plano?
By compensation reported by Plano employers, the largest brokers are Lockton ($7.5M, 32 plans), Marsh McLennan Agency ($2.2M, 30 plans), Gallagher ($1.9M, 15 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Triple S Salud, Inc., Fidelity Security Life Insurance Company.
Are Plano employer health plans self-funded or fully insured?
Of 157 Plano employer plans, 36 are fully insured, 55 are self-funded and 66 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
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