Richardson, Texas employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
64 employers in Richardson, Texas filed health plans with 100 or more participants for plan year 2024, covering 146,407 participants. They reported $17M in insurance premiums and $8.5M in broker commissions and fees. Against 2023, premiums were down 22.0% and broker pay rose 9.7%.
Funding: 21 fully insured · 26 self-funded · 17 mixed. 43 of 64 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Richardson
Richardson employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Health Care Service Corp a Mututal Legal Reserve Corp | $15,584,206 | $136,194 | 25,160 | Marsh McLennan Agency |
| CBRE Services, Inc. | $764,744 | $760,021 | 39,761 | Willis Towers Watson |
| Premier IT Solutions LLC | $624,460 | $15,530 | 250 | Bcbs-Ha Group |
| Olam Agri Americas Holdings, Inc. | $181,407 | $17,388 | 115 | Holmes Murphy |
| Fossil, Inc. | $18,137 | $108,703 | 1,293 | Lockton |
| Infosys Limited | $0 | $1,515,482 | 25,801 | Custom Benefit Programs Inc. |
| Texas Sonic Employers Trade Association, Inc. | $0 | — | 19,020 | — |
| Lennox International Inc. | $0 | $583,004 | 8,366 | Lockton |
| Service Experts LLC | $0 | $234,966 | 4,082 | Lockton |
| Realpage, Inc. | $0 | $166,766 | 3,692 | Lockton |
| Acg Texas, L.P. | $0 | — | 1,839 | — |
| Halff Associates Inc | $0 | $260,452 | 1,428 | Marsh McLennan Agency |
| Exyte Americas Holding, Inc. | $0 | $318,428 | 1,380 | Holmes Murphy |
| Arch Fellow LLC | $0 | — | 1,087 | — |
| U.A.P.P. Local Union No. 142 Welfare Fun of U.A.P.P. | $0 | — | 1,019 | — |
| Empower HR, LLC | $0 | $215,409 | 895 | Marsh McLennan Agency |
| Accscient LLC | $0 | $200,187 | 615 | Brown & Brown |
| Texas Oncology, PA | $0 | — | 480 | — |
| L&S Plumbing Partnership, LTD. | $0 | $54,483 | 472 | Alliant Insurance Services |
| Mavenir Systems, Inc. | $0 | $39,020 | 427 | Mercer |
| Hill & Wilkinson Construction Group, LTD. | $0 | $43,812 | 391 | Marsh McLennan Agency |
| FPT USA Corporation | $0 | $239,993 | 387 | Marsh McLennan Agency |
| Bti Solutions, Inc. | $0 | $141,087 | 359 | Marsh McLennan Agency |
| Thomas Reprographics, Inc. | $0 | $168,346 | 356 | Marsh McLennan Agency |
| National Partners in Healthcare, LLC | $0 | $7,334 | 329 | Marsh McLennan Agency |
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 Richardson employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Marsh McLennan Agency | $1,487,648 | 13 |
| Lockton | $1,286,736 | 9 |
| Aon | $798,693 | 2 |
| Custom Benefit Programs Inc | $778,744 | 1 |
| Willis Towers Watson | $760,021 | 1 |
| Holmes Murphy | $389,796 | 4 |
| USI Insurance Services | $223,961 | 6 |
| Higginbotham | $221,636 | 4 |
| Brown & Brown | $208,103 | 2 |
| OneDigital | $177,949 | 1 |
Largest medical carriers
Medical premium written for these employers.
Richardson 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.
| Richardson | Texas | United States | |
|---|---|---|---|
| Employer plans | 64 | 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 | $95,393 | $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, 61 Richardson employers reported $22M in premiums and $7.8M in broker pay for 153,172 participants; in 2024 it was $17M and $8.5M for 146,407 participants (premiums −22.0%, broker pay +9.7%).
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 Richardson employers pay health insurance brokers?
64 Richardson employers reported $8,506,712 in broker commissions and fees on their 2024 Form 5500 filings, 56 of them disclosing at least some compensation. Too few fully insured medical plans in Richardson 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 Richardson employer that disclosed broker pay reported $95,393.
Which Richardson employers have the largest health plans?
By insurance premium reported for 2024, Health Care Service Corp a Mututal Legal Reserve Corp ($16M), CBRE Services, Inc. ($764,744), Premier IT Solutions LLC ($624,460) lead. 25 Richardson employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Richardson?
By compensation reported by Richardson employers, the largest brokers are Marsh McLennan Agency ($1.5M, 13 plans), Lockton ($1.3M, 9 plans), Aon ($798,693, 2 plans). By medical premium, the largest carriers are Triple S Salud, Inc., MCS Life Insurance Company, Kaiser Foundation Health Plan, Inc..
Are Richardson employer health plans self-funded or fully insured?
Of 64 Richardson employer plans, 21 are fully insured, 26 are self-funded and 17 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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