BenefitsLedger
City · Plan year 2024 · Form 5500

Glen Allen, Virginia employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

33 employers in Glen Allen, Virginia filed health plans with 100 or more participants for plan year 2024, covering 48,053 participants. They reported $7.9M in insurance premiums and $4.4M in broker commissions and fees. Against 2023, premiums were down 7.7% and broker pay fell 11.2%.

Employer plans
33
48,053 participants
Premiums
$7.9M
−7.7% vs 2023
Broker pay
$4.4M
−11.2% vs 2023 · 32 disclosed
Median rate
n/a
too few insured medical plans

Funding: 2 fully insured · 13 self-funded · 18 mixed. 31 of 33 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Glen Allen

Glen Allen employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.

EmployerPremiumsBroker payParticipantsTop broker
Apex Systems, LLC$3,481,581$1,091,1975,707Willis Towers Watson
Patient First Corporation$2,386,976$151,8593,971Marsh McLennan Agency
Vba Benefits Corporation$536,306$158,0937,348Vba Benefits Corporation
Morton G. Thalhimer, Inc.$353,888$6,456280Mercer
Markel Service, Inc$345,572$285,5063,606Willis Towers Watson
Primis Bank$308,179$30,811420Willis Towers Watson
K Line America, Inc.$188,369$279160EPIC Insurance Brokers
Home Care Delivered$168,578$187,659264Mercer
Richmond National Services, Inc.$142,440$80,498140James a Scott & Son Inc
Owens & Minor , Inc.$0$400,72213,096Lockton
Genworth Financial, Inc$0$167,6643,459Willis Towers Watson
Atlantic Union Bankshares Corporation$0$368,3931,660Mercer
Winebow$0$108,4331,436Marsh McLennan Agency
Virginia Baptist Homes, Inc. d/b/a Lifespire of Virginia$0$57,681812James a Scott & Son Inc
Pinnacle Living$0$75,530644James a Scott & Son Inc
Schnabel, Inc.$0$29,071521James a Scott & Son Inc
Page Associates Inc.$0$178,483520Hilb Group of Maryland
Hamilton Beach Brands, Inc.$0$42,472488Marsh McLennan Agency
Weinstein Management Co., Inc.$0$22,760473Marsh McLennan Agency
Virginia Physicians, Inc.$0$50,606356Marsh McLennan Agency
Avertest LLC,$0$8,236337Alliant Insurance Services
Empower Brands Franchising LLC$0$120,917332Marsh McLennan Agency
Tribute Bakery Acquisition LLC$0$112,160316USI Insurance Services
Trimech Acquisition Corp.$0$133,401265Marsh McLennan Agency
Capital Square Realty Advisors, LLC$0$45,179253James a Scott & Son Inc

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 Glen Allen employers, with the number of employer plans naming each broker.

Largest medical carriers

Medical premium written for these employers.

Glen Allen against Virginia 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.

Glen AllenVirginiaUnited States
Employer plans331,61358,547
Median commission raten/a4.6%3.8%
Middle half of ratesn/a3.2% – 6.4%2.7% – 5.0%
Median broker pay per employer$83,988$71,889$72,628
Medical premium per covered personn/a$6,864$7,274
Plans reporting no commission15933

Year over year. In plan year 2023, 26 Glen Allen employers reported $8.6M in premiums and $5.0M in broker pay for 32,911 participants; in 2024 it was $7.9M and $4.4M for 48,053 participants (premiums −7.7%, broker pay −11.2%).

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 Glen Allen employers pay health insurance brokers?

33 Glen Allen employers reported $4,449,851 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 Glen Allen reported premium to compute a stable commission rate; the Virginia median is 4.6% and the U.S. median is 3.8%. In dollars, the median Glen Allen employer that disclosed broker pay reported $83,988.

Which Glen Allen employers have the largest health plans?

By insurance premium reported for 2024, Apex Systems, LLC ($3.5M), Patient First Corporation ($2.4M), Vba Benefits Corporation ($536,306) lead. 25 Glen Allen employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Glen Allen?

By compensation reported by Glen Allen employers, the largest brokers are Willis Towers Watson ($1.5M, 4 plans), Marsh McLennan Agency ($657,032, 10 plans), Mercer ($575,067, 4 plans). By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Aetna Life Insurance Company, Anthem Health Plans of Virginia dba Anthem BCBS (g1605).

Are Glen Allen employer health plans self-funded or fully insured?

Of 33 Glen Allen employer plans, 2 are fully insured, 13 are self-funded and 18 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 Virginia

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