Salt Lake City, Utah employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
204 employers in Salt Lake City, Utah filed health plans with 100 or more participants for plan year 2024, covering 228,051 participants. They reported $61M in insurance premiums and $29M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 5.0% of premium, against 5.0% across Utah and 3.8% nationally. Against 2023, premiums were up 6.3% and broker pay rose 13.6%.
Funding: 37 fully insured · 65 self-funded · 102 mixed. 167 of 204 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Salt Lake City
Salt Lake City employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Associated General Contractors of Utah | $17,858,476 | $1,057,419 | 1,228 | Various Brokers |
| Instructure, Inc. | $11,039,222 | $300,377 | 1,406 | Aon |
| Utah Nonprofits Association | $5,531,214 | $292,960 | 471 | Todd Valentine |
| Primary Residential Mortgage, Inc. | $5,332,607 | $334,619 | 1,297 | Benefit Commerce Group |
| Parr Brown Gee & Loveless, a Professional Corporation | $3,041,765 | $121,671 | 356 | DPW Benefits, LLC |
| Midwest Office Inc. | $2,443,711 | $146,776 | 150 | DPW Benefits LLC |
| Alfwear, Inc. | $1,787,053 | $78,069 | 215 | Wansutter |
| Garff Enterprises Inc | $1,722,207 | $352,189 | 5,652 | IMA Financial |
| National Product Sales | $1,424,887 | $75,301 | 263 | Jeana Hutchings |
| A-Cap LLC | $1,407,377 | $91,742 | 100 | Gallagher |
| Security National Financial Corp | $1,289,000 | $161,106 | 766 | Gallagher |
| Big-D Capital Corp | $1,246,451 | $215,039 | 982 | Moreton and Company |
| Bristol Hospice | $952,855 | $77,994 | 2,910 | Lockton |
| Biomerics, LLC | $925,127 | $515,985 | 1,378 | Insurance Office of America |
| Energysolutions, LLC | $594,531 | $370,527 | 1,129 | Marsh McLennan Agency |
| Confidential Background Investigations, Inc. | $554,180 | $64,579 | 239 | GBS Benefits Inc. |
| Morgan Jewelers of SLC, Inc. | $489,672 | $52,414 | 123 | Marc Hale |
| Recursion Pharmaceuticals Inc. | $472,999 | $134,976 | 458 | Mercer |
| National Wood Products, Inc. | $447,991 | $72,866 | 208 | Weller Investments & Insurance |
| A&K Railroad Materials, Inc. | $386,328 | $28,359 | 317 | Gallagher |
| Woodside Group, LLC | $328,734 | $425,546 | 568 | Mercer |
| Deseret Mutual Benefit Administrators | $205,246 | $266,578 | 34,642 | Gallagher |
| Tanner LLC. | $196,229 | $25,954 | 203 | Ron Hunt |
| I.A.T.S.E. Local 99 Health Trust | $196,068 | $16,297 | 919 | Stone Hill & Assoc Ins BRK Inc |
| Dentons Durham Jones Pinegar | $176,175 | $110,517 | 121 | Gallagher |
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 Salt Lake City employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Gallagher | $4,695,215 | 39 |
| GBS Benefits Inc | $2,837,149 | 41 |
| Willis Towers Watson | $2,336,867 | 2 |
| IMA Financial | $1,985,000 | 24 |
| Mercer | $1,911,794 | 16 |
| HUB International | $1,500,036 | 10 |
| BSC Agency LLC | $1,152,104 | 1 |
| Cerva Browning Quinn Co. | $1,099,543 | 2 |
| Various Brokers | $1,057,419 | 1 |
| Moreton & Company | $690,150 | 20 |
Largest medical carriers
Medical premium written for these employers.
Salt Lake City against Utah 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.
| Salt Lake City | Utah | United States | |
|---|---|---|---|
| Employer plans | 204 | 700 | 58,547 |
| Median commission rate | 5.0% (14 plans) | 5.0% | 3.8% |
| Middle half of rates | 4.1% – 6.0% | 3.0% – 5.9% | 2.7% – 5.0% |
| Median broker pay per employer | $74,826 | $77,994 | $72,628 |
| Medical premium per covered person | $4,849 | $4,849 | $7,274 |
| Plans reporting no commission | 2 | 4 | 933 |
Year over year. In plan year 2023, 194 Salt Lake City employers reported $57M in premiums and $26M in broker pay for 209,794 participants; in 2024 it was $61M and $29M for 228,051 participants (premiums +6.3%, broker pay +13.6%).
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 Salt Lake City employers pay health insurance brokers?
204 Salt Lake City employers reported $29,207,307 in broker commissions and fees on their 2024 Form 5500 filings, 203 of them disclosing at least some compensation. Among 14 commission-paying, fully insured medical plans, the median broker rate was 5.0% of premium, 0.1 points above the Utah median of 5.0% and 1.3 points above the U.S. median of 3.8%. In dollars, the median Salt Lake City employer that disclosed broker pay reported $74,826.
Which Salt Lake City employers have the largest health plans?
By insurance premium reported for 2024, Associated General Contractors of Utah ($18M), Instructure, Inc. ($11M), Utah Nonprofits Association ($5.5M) lead. 25 Salt Lake City employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Salt Lake City?
By compensation reported by Salt Lake City employers, the largest brokers are Gallagher ($4.7M, 39 plans), GBS Benefits Inc ($2.8M, 41 plans), Willis Towers Watson ($2.3M, 2 plans). By medical premium, the largest carriers are Select Health, Cigna Health and Life Insurance Company, Selecthealth.
Are Salt Lake City employer health plans self-funded or fully insured?
Of 204 Salt Lake City employer plans, 37 are fully insured, 65 are self-funded and 102 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 Utah
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