Sandy, Utah employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
32 employers in Sandy, Utah filed health plans with 100 or more participants for plan year 2024, covering 21,052 participants. They reported $106,161 in insurance premiums and $4.4M in broker commissions and fees. Against 2023, premiums were down 88.9% and broker pay rose 17.5%.
Funding: 3 fully insured · 14 self-funded · 15 mixed. 29 of 32 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Sandy
Sandy employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Tata Chemicals Soda Ash Partners LLC | $106,154 | $126,327 | 574 | World Insurance Associates |
| Arrowhead Dental, Inc. | $7 | $82,477 | 194 | GBS Benefits, Inc |
| Isi HR, Inc dba Stratus.Hr | $0 | $906,109 | 3,255 | Farnsworth, Michelyn M |
| Mountain America Credit Union | $0 | $58,825 | 3,218 | The Plexus Groupe, LLC |
| Bridge Investment Group Holdings LLC | $0 | $80,537 | 2,327 | Lovitt and Touche, Inc. |
| Suncrest Health Services LLC | $0 | $266,354 | 1,508 | GBS Benefits, Inc. |
| Lhmsh, LLC | $0 | $211,748 | 1,184 | Gallagher |
| Challenger School Foundation | $0 | $201,774 | 1,116 | Ixl Employee Benefits |
| LHM Adm Ben, Inc. | $0 | $207,064 | 828 | Gallagher |
| Wolverine Fuels Holding LLC | $0 | $114,136 | 665 | HUB International |
| Brighton G & B Holdings, LLC | $0 | $117,188 | 639 | GBS Benefits, Inc. |
| Enviroserve Inc. | $0 | $131,920 | 608 | Lockton |
| WCF Mutual Insurance Company | $0 | $116,046 | 544 | Moreton & Company |
| Prime Holdings Insurance Services, Inc. | $0 | $167,512 | 480 | Gallagher |
| Standard Plumbing Supply Co. | $0 | $12,605 | 398 | USI Insurance Services |
| Kent Water Sports Holdings, LLC | $0 | $165,465 | 373 | OneDigital |
| 4life Research, LLC | $0 | $153,382 | 355 | NFP |
| Telarus LLC | $0 | $179,372 | 330 | HUB International |
| Zullas, LLC | $0 | $102,852 | 290 | Gallagher |
| Cementation USA, Inc. | $0 | $213,213 | 262 | Gallagher |
| GSL Electric, Inc. | $0 | $53,711 | 258 | GBS Benefits |
| Lube Management Corp | $0 | $4,062 | 220 | Gallagher |
| Medsphere Systems Corporation | $0 | $112,796 | 209 | Woodruff Sawyer |
| The Waterford School | $0 | $67,395 | 193 | Moreton & Company |
| Utah Soccer, LLC | $0 | $93,350 | 165 | 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 Sandy employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Gallagher | $802,448 | 9 |
| Farnsworth, Michelyn M | $699,320 | 1 |
| GBS Benefits Inc | $523,359 | 7 |
| HUB International | $322,666 | 3 |
| Woodruff Sawyer | $220,562 | 2 |
| Isi Benefits LLC | $197,590 | 1 |
| Lockton | $182,059 | 2 |
| Karen L. Harmer | $167,009 | 2 |
| Moreton & Company | $162,823 | 3 |
| NFP | $152,069 | 1 |
Largest medical carriers
Medical premium written for these employers.
Sandy 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.
| Sandy | Utah | United States | |
|---|---|---|---|
| Employer plans | 32 | 700 | 58,547 |
| Median commission rate | n/a | 5.0% | 3.8% |
| Middle half of rates | n/a | 3.0% – 5.9% | 2.7% – 5.0% |
| Median broker pay per employer | $112,131 | $77,994 | $72,628 |
| Medical premium per covered person | n/a | $4,849 | $7,274 |
| Plans reporting no commission | 0 | 4 | 933 |
Year over year. In plan year 2023, 31 Sandy employers reported $955,668 in premiums and $3.7M in broker pay for 19,157 participants; in 2024 it was $106,161 and $4.4M for 21,052 participants (premiums −88.9%, broker pay +17.5%).
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 Sandy employers pay health insurance brokers?
32 Sandy employers reported $4,360,987 in broker commissions and fees on their 2024 Form 5500 filings, 32 of them disclosing at least some compensation. Too few fully insured medical plans in Sandy reported premium to compute a stable commission rate; the Utah median is 5.0% and the U.S. median is 3.8%. In dollars, the median Sandy employer that disclosed broker pay reported $112,131.
Which Sandy employers have the largest health plans?
By insurance premium reported for 2024, Tata Chemicals Soda Ash Partners LLC ($106,154), Arrowhead Dental, Inc. ($7), Isi HR, Inc dba Stratus.Hr ($0) lead. 25 Sandy employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Sandy?
By compensation reported by Sandy employers, the largest brokers are Gallagher ($802,448, 9 plans), Farnsworth, Michelyn M ($699,320, 1 plans), GBS Benefits Inc ($523,359, 7 plans). By medical premium, the largest carriers are Aetna, Unitedhealthcare Insurance Company, Selecthealth.
Are Sandy employer health plans self-funded or fully insured?
Of 32 Sandy employer plans, 3 are fully insured, 14 are self-funded and 15 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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