Olympia, Washington employer health plans: what they cost and who gets paid
Updated plan year 2024, the most recent complete year
17 employers in Olympia, Washington filed health plans with 100 or more participants for plan year 2024, covering 34,224 participants. They reported $8.5M in insurance premiums and $857,413 in broker commissions and fees. Against 2023, premiums were up 5.4% and broker pay rose 0.3%.
Funding: 3 fully insured · 5 self-funded · 9 mixed. 14 of 17 plans pay at least some medical claims from the employer's own assets.
Largest employer health plans in Olympia
Olympia employers reporting the most insurance premium across every Schedule A contract, with what they paid brokers.
| Employer | Premiums | Broker pay | Participants | Top broker |
|---|---|---|---|---|
| The Trustees of the Employee Benefits Trust | $6,081,131 | — | 6,400 | — |
| Olympic Benefits Trust David P Schaffert | $1,288,947 | $142,136 | 2,600 | Northwest Marketing Resources |
| Olympia Orthopaedic Associates, PLLC | $307,111 | $2,291 | 291 | IMA Financial |
| Twinstar Credit Union | $298,410 | $52,758 | 483 | Wilson Albers an Alera Group Agency |
| Association of Washington Business | $233,981 | — | 598 | — |
| Skilljar Inc. | $102,091 | $75,166 | 129 | Armfield Harrison & Thomas LLC |
| Community Youth Services | $90,624 | $35,580 | 168 | Acrisure |
| J. R. Setina Manufacturing Co., Inc. | $67,611 | $93,131 | 181 | OneDigital |
| Mud Bay, Inc. | $27,235 | $13,824 | 412 | USI Insurance Services |
| Washington State Council of Fire Fighters | $0 | — | 19,492 | — |
| Washington State Employees Credit Union | $0 | $58,776 | 937 | Brown & Brown |
| Heritage Financial Corporation | $0 | $8,440 | 830 | Aon |
| Koelsch Senior Communities | $0 | $191,837 | 620 | Propel Insurance Agency, LLC |
| Nisqually Red Wind Casino Benefit Plan | $0 | $42,462 | 557 | Acrisure |
| Spokane County Title Company | $0 | $22,015 | 239 | Alliant Insurance Services |
| Life Force Services, Inc. | $0 | $65,798 | 175 | AssuredPartners |
| Olympia Federal Savings | $0 | $53,199 | 112 | Brown & Brown |
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 Olympia employers, with the number of employer plans naming each broker.
| Broker | Commissions + fees | Plans |
|---|---|---|
| Propel Insurance Agency, LLC | $165,327 | 1 |
| Northwest Marketing Resources | $100,756 | 1 |
| OneDigital | $90,011 | 1 |
| Brown & Brown | $88,344 | 2 |
| Acrisure | $72,625 | 3 |
| AssuredPartners | $65,793 | 1 |
| Armfield Harrison & Thomas | $47,025 | 1 |
| Bell Anderson Agency Inc | $34,441 | 2 |
| Alera Group, Inc. | $26,510 | 1 |
| USI Insurance Services | $23,256 | 2 |
Largest medical carriers
Medical premium written for these employers.
Olympia 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.
| Olympia | Washington | United States | |
|---|---|---|---|
| Employer plans | 17 | 1,423 | 58,547 |
| Median commission rate | n/a | 1.3% | 3.8% |
| Middle half of rates | n/a | 0.6% – 3.1% | 2.7% – 5.0% |
| Median broker pay per employer | $52,979 | $40,089 | $72,628 |
| Medical premium per covered person | n/a | n/a | $7,274 |
| Plans reporting no commission | 0 | 5 | 933 |
Year over year. In plan year 2023, 19 Olympia employers reported $8.1M in premiums and $854,971 in broker pay for 28,476 participants; in 2024 it was $8.5M and $857,413 for 34,224 participants (premiums +5.4%, broker pay +0.3%).
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 Olympia employers pay health insurance brokers?
17 Olympia employers reported $857,413 in broker commissions and fees on their 2024 Form 5500 filings, 14 of them disclosing at least some compensation. Too few fully insured medical plans in Olympia 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 Olympia employer that disclosed broker pay reported $52,979.
Which Olympia employers have the largest health plans?
By insurance premium reported for 2024, The Trustees of the Employee Benefits Trust ($6.1M), Olympic Benefits Trust David P Schaffert ($1.3M), Olympia Orthopaedic Associates, PLLC ($307,111) lead. 17 Olympia employers are listed on this page; every employer in the record has its own page.
Which brokers and carriers are paid the most in Olympia?
By compensation reported by Olympia employers, the largest brokers are Propel Insurance Agency, LLC ($165,327, 1 plans), Northwest Marketing Resources ($100,756, 1 plans), OneDigital ($90,011, 1 plans). By medical premium, the largest carriers are Kaiser Foundation Health Plan of Washington Options, Inc., Kaiser Foundation Health Plan of Washington, Pacificsource Health Plans.
Are Olympia employer health plans self-funded or fully insured?
Of 17 Olympia employer plans, 3 are fully insured, 5 are self-funded and 9 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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