Virginia Beach, Virginia employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
71 employers in Virginia Beach, Virginia filed health plans with 100 or more participants for plan year 2024, covering 62,030 participants. They reported $5.2M in insurance premiums and $6.3M in broker commissions and fees. Against 2023, premiums were down 24.2% and broker pay rose 13.1%.
Funding: 22 fully insured · 22 self-funded · 27 mixed. 49 of 71 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Virginia Beach
Virginia Beach employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| Atlantic Anesthisia, Inc. | $1,862,673 | $35,633 | 125 | OneDigital |
| Valkyrie Enterprises, LLC | $1,244,098 | $283,427 | 756 | Mercer |
| Franklin Johnston Management & Development Group LLC | $699,689 | $220,513 | 850 | USI Insurance Services |
| Ngk-Locke, Inc. Section 125 Plan | $437,159 | $495,441 | 123 | Carefirst Administrators |
| Atlantic Diving Supply, Inc. | $322,888 | $12,759 | 424 | James A. Scott & Son Inc. |
| Professional Hospitality Resources, Inc. | $193,828 | $61,396 | 601 | Tfa Benefits |
| LM Sandler & Sons Inc | $142,028 | $50,707 | 378 | Frieden Agency LLC |
| Evertree Insurance LLC | $122,547 | $37,799 | 100 | Propel Insurance Agency LLC |
| Century Concrete LLC | $117,006 | $24,021 | 1,297 | USI Insurance Services |
| Csa Global LLC | $101,016 | $212,982 | 254 | Brown & Brown |
| Sentara Healthcare | $0 | — | 21,265 | — |
| Franchise Group, Inc. | $0 | $299,062 | 8,726 | GCG Financial, LLC. |
| Groundworks Operations, LLC | $0 | $626,106 | 4,270 | Gallagher |
| Stihl Incorporated | $0 | $5,475 | 2,838 | Marsh McLennan Agency |
| Lifenet Health | $0 | $58,084 | 1,379 | USI Insurance Services |
| Novateur Education, Inc. | $0 | $170,906 | 1,133 | Mercer |
| Fortis Solutions Group, LLC | $0 | $71,625 | 1,087 | Lockton |
| The Christian Broadcasting Network, Inc. | $0 | $54,893 | 888 | USI Insurance Services |
| Architectural Graphics Inc. | $0 | $140,724 | 738 | USI Insurance Services |
| Atlantic Bay Mortgage Group, LLC | $0 | $177,172 | 735 | Alera Group, Inc |
| Westminster-Canterbury on Chesapeake Bay | $0 | $24,790 | 696 | The Ultimate Software Group |
| Checkered Flag Motor Car Company, Inc. | $0 | $110,630 | 672 | Mercer |
| Q.E.D. Systems, Inc. | $0 | $105,783 | 655 | USI Insurance Services |
| Employment Services, LLC | $0 | $157,883 | 600 | Cobbs Allen |
| Burgerbusters Inc. | $0 | $112,336 | 590 | 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 Virginia Beach employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| USI Insurance Services | $1,847,505 | 27 |
| Gallagher | $673,890 | 3 |
| Mercer | $602,078 | 4 |
| Carefirst Administrators | $461,641 | 1 |
| Marsh McLennan Agency | $408,869 | 14 |
| GCG Financial LLC | $316,038 | 2 |
| OneDigital | $219,403 | 7 |
| Frieden Agency LLC | $209,328 | 6 |
| Alera Group, Inc. | $161,888 | 4 |
| Brown & Brown | $136,129 | 3 |
Largest medical carriers
Medical premium written for these employers.
Virginia Beach 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.
| Virginia Beach | Virginia | United States | |
|---|---|---|---|
| Employer plans | 71 | 1,613 | 58,547 |
| Median commission rate | n/a | 4.6% | 3.8% |
| Middle half of rates | n/a | 3.2% – 6.4% | 2.7% – 5.0% |
| Median broker pay per employer | $61,396 | $71,889 | $72,628 |
| Medical premium per covered person | n/a | $6,864 | $7,274 |
| Plans reporting no commission | 0 | 5 | 933 |
Year over year. In plan year 2023, 71 Virginia Beach employers reported $6.9M in premiums and $5.6M in broker pay for 30,156 participants; in 2024 it was $5.2M and $6.3M for 62,030 participants (premiums −24.2%, broker pay +13.1%).
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 Virginia Beach employers pay health insurance brokers?
71 Virginia Beach employers reported $6,337,659 in broker commissions and fees on their 2024 Form 5500 filings, 69 of them disclosing at least some compensation. Too few fully insured medical plans in Virginia Beach 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 Virginia Beach employer that disclosed broker pay reported $61,396.
Which Virginia Beach employers have the largest health plans?
By insurance premium reported for 2024, Atlantic Anesthisia, Inc. ($1.9M), Valkyrie Enterprises, LLC ($1.2M), Franklin Johnston Management & Development Group LLC ($699,689) lead. 25 Virginia Beach employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Virginia Beach?
By compensation reported by Virginia Beach employers, the largest brokers are USI Insurance Services ($1.8M, 27 plans), Gallagher ($673,890, 3 plans), Mercer ($602,078, 4 plans). By medical premium, the largest carriers are Sentara Health Plans, Inc., Blue Cross and Blue Shield of Alabama, Sentara Health Plan.
Are Virginia Beach employer health plans self-funded or fully insured?
Of 71 Virginia Beach employer plans, 22 are fully insured, 22 are self-funded and 27 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
Is your company on this page? Get its Form 5500 read next to the Virginia Beach, Virginia medians.
Tell us the company and a specialist writes up what the public Form 5500 record shows for it, if it files one: broker pay against the medians above, fee disclosure and filing timeliness, in a form you can forward to your CFO or counsel. Tick the box if you also want a 15-minute walkthrough call.
We don't sell your email. By submitting, you agree that BenefitsLedger and its benefits advisory partner, WellthCare, may email or call you about these findings. Opt out anytime by replying. See our privacy policy.