BenefitsLedger
City · Plan year 2024 · Form 5500

Everett, Washington employer health plans: what they cost and who gets paid

Updated plan year 2024, the most recent complete year

35 employers in Everett, Washington filed health plans with 100 or more participants for plan year 2024, covering 19,752 participants. They reported $2.6M in insurance premiums and $2.3M in broker commissions and fees. Against 2023, premiums were up 12.4% and broker pay rose 18.7%.

Employer plans
35
19,752 participants
Premiums
$2.6M
+12.4% vs 2023
Broker pay
$2.3M
+18.7% vs 2023 · 31 disclosed
Median rate
n/a
too few insured medical plans

Funding: 8 fully insured · 13 self-funded · 14 mixed. 27 of 35 plans pay at least some medical claims from the employer's own assets.

Largest employer health plans in Everett

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

EmployerPremiumsBroker payParticipantsTop broker
Fortive Corporation$1,431,093$182,27910,076Willis Towers Watson
Compass Health$450,770$246,141586Sprague, Israel, Giles Inc.
Allied Telesis, Inc.$197,586$58,471160Gallagher
Puget Sound Kidney Centers$151,763$14,328228Gallagher
Magnix USA, Inc.$147,536$102,752104Marsh McLennan Agency
Evergreen Recovery Centers$100,108$90,268157HUB International
Sound Publishing, Inc.$95,735$9,960211Gallagher
Western Washington Medical Group$41,812$29,565380USI Insurance Services
Funko, LLC$0$123,7751,027USI Insurance Services
Aviation Technical Services, Inc.$0$17,948959HUB International
Community Health Center of Snohomish County$0$11,886597USI Insurance Services
Sunrise Services, Inc.$0$33,179523Lockton
Coastal Community Bank$0$42,701496Alliant Insurance Services
Ring & Pinion Service Inc.$0$164,158487Aon
Hoban and Associates, Inc.$0—311—
Jamco America, Inc.$0$21,170293Gallagher
Platinum Nine Holdings, LLC$0$19,271275HUB International
Vision Profile Extrusions USA Limited$0$28,111227Gallagher
Sight Partners, LLC$0$120,909224Parker Smith & Feek Inc.
Verstela, a Terra Services LLC. Company$0$122,314222Lockton
Qualitel Corporation$0$79,644220Parker Smith & Feek Inc.
Helion Energy$0$167,755219AssuredPartners
Gamus LLC$0$109,909218Executive Global Insurance LLC
K&H Printers-Lithographers, Inc.$0$71,302162The Baldwin Group
Achilles USA, Inc.$0$25,526159The Baldwin Group

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

BrokerCommissions + feesPlans
Parker Smith & Feek Inc.$255,6234
Sprague, Israel, Giles, Inc.$197,6741
Willis Towers Watson$182,2791
AssuredPartners$166,4961
USI Insurance Services$165,0973
Aon$160,9941
HUB International$160,9474
Lockton$148,7003
Gallagher$129,4105
Alliant Insurance Services$128,3712

Largest medical carriers

Medical premium written for these employers.

Everett against Washington 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.

EverettWashingtonUnited States
Employer plans351,42358,547
Median commission raten/a1.3%3.8%
Middle half of ratesn/a0.6% – 3.1%2.7% – 5.0%
Median broker pay per employer$62,260$40,089$72,628
Medical premium per covered personn/an/a$7,274
Plans reporting no commission05933

Year over year. In plan year 2023, 30 Everett employers reported $2.3M in premiums and $1.9M in broker pay for 18,599 participants; in 2024 it was $2.6M and $2.3M for 19,752 participants (premiums +12.4%, broker pay +18.7%).

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 Everett employers pay health insurance brokers?

35 Everett employers reported $2,264,552 in broker commissions and fees on their 2024 Form 5500 filings, 31 of them disclosing at least some compensation. Too few fully insured medical plans in Everett reported premium to compute a stable commission rate; the Washington median is 1.3% and the U.S. median is 3.8%. In dollars, the median Everett employer that disclosed broker pay reported $62,260.

Which Everett employers have the largest health plans?

By insurance premium reported for 2024, Fortive Corporation ($1.4M), Compass Health ($450,770), Allied Telesis, Inc. ($197,586) lead. 25 Everett employers are listed on this page; every employer in the record has its own page.

Which brokers and carriers are paid the most in Everett?

By compensation reported by Everett employers, the largest brokers are Parker Smith & Feek Inc. ($255,623, 4 plans), Sprague, Israel, Giles, Inc. ($197,674, 1 plans), Willis Towers Watson ($182,279, 1 plans). By medical premium, the largest carriers are Unitedhealthcare Insurance Company, Aetna Life Insurance Company, Hawaii Medical Service Association.

Are Everett employer health plans self-funded or fully insured?

Of 35 Everett employer plans, 8 are fully insured, 13 are self-funded and 14 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 Washington

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