BenefitsLedger
Industry · Plan year 2024 · Form 5500

Mining, oil & gas employer health plans: what they cost and who gets paid

543 Mining, oil & gas employers filed health plans with 100 or more participants for plan year 2024, covering 439,473 participants. They reported $145M in insurance premiums and $66M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 3.4% of premium, 0.3 points below the national median of 3.8%.

Employer plans
543
439,473 participants
Premiums
$145M
all coverage lines
Broker pay
$66M
490 employers disclosed
Median rate
3.4%
U.S. median 3.8%

Largest employer plans

By health plan participants.

Highest broker pay

Employers reporting the most broker commissions and fees.

EmployerCityBroker payRate
Killam Oil Co., LTDLaredo, TX$2,671,557—
Halliburton CompanyHouston, TX$2,285,892—
Nextier Holding Co.Houston, TX$1,206,661—
Profrac Holdings Ii, LLCWillow Park, TX$1,081,720—
Nevada Gold Mines LLCElko, NV$998,218—
Berry Petroleum Company, LLCBakersfield, CA$867,218—
Vulcan Materials CompanyVestavia, AL$761,322—
Occidental Petroleum CorporationHouston, TX$711,930—
Hilcorp Energy CompanyHouston, TX$697,479—
Weatherford International, LLCHouston, TX$630,442—
Rogers GroupNashville, TN$596,855—
Baker Hughes Holdings, LLCHouston, TX$589,160—
The Brink's CompanyRichmond, VA$582,728—
Atlas Sand Company, LLCAustin, TX$579,691—
Oil States Management, Inc.Arlington, TX$578,802—
Sibelco North AmericaCharlotte, NC$537,535—
Independence Energy Management LLCHouston, TX$530,904—
Brox Industries, Inc.Andover, MA$523,556—
Haile Gold MineKershaw, SC$505,2082.9%
Ramaco Resources, Inc.Lexington, KY$469,471—
Kosmos Energy, LLCDallas, TX$427,751—
Phoenix Technology Services USA Inc.Houston, TX$416,281—
Propetro Services, Inc.Midland, TX$415,880—
Stillwater Mining CompanyColumbus, MT$414,111—
Pioneer Natural Resources USA, IncIrving, TX$393,463—

Highest commission rates

Fully insured medical plans with at least $500,000 in premium, ranked by broker compensation as a share of premium.

EmployerCityRateBroker pay
New Frontier Materials LLCMaryland Heights, MO8.2%$112,734
Black Mountain Management LLCFort Worth, TX6.8%$133,402
Leam Drilling Systems LLCNew Iberia, LA6.0%$141,286
Pipeline Environmental & Compression Industires LLC Sec 125Scott, LA5.4%$65,480
Bluegrass Natural Resources, LLCDowners Grove, IL5.1%$201,567
NCS Multistage LLCHouston, TX4.9%$61,652
Wildcat Oil Tools, LLCMidland, TX4.9%$99,397
BYRD Oilfield Services, LLCAbilene, TX4.8%$163,056
Fortis Energy ServicesTroy, MI4.4%$64,228
Gordon Technologies, LLCScott, LA4.3%$217,494
Coil Tubing Partners LLCLafayette, LA3.4%$218,860
Eagle Mine LLCChampion, MI3.3%$171,293
Empire State Mines, LLCGouverneur, NY3.3%$77,655
Western Land Services IncLudington, MI3.1%$57,761
Signal Energy, LLCChattanooga, TN3.0%$120,058
Haile Gold MineKershaw, SC2.9%$300,138
Pruet Oil Company LLCJackson, MS2.0%$19,431
Charles C UngureanCoshocton, OH1.5%$33,411
Knight Hawk Coal, LLCPercy, IL1.2%$123,944
Latshaw Drilling & Exploration CompanyTulsa, OK0.9%$16,589
Schildberg Construction Company, IncGreenfield, IA0.8%$13,778
Bard MaterialsDyersville, IA0.0%$0
Production Services, Inc.Magnolia, AR0.0%$0
Slawson Companies, Inc.Wichita, KS0.0%$0
Vertex Refining Al, LLCSaraland, AL0.0%$0

Source: DOL Form 5500 and Schedule A, plan year 2024; built October 24, 2026. Methodology.

What do Mining, oil & gas employers pay health insurance brokers?

Across 21 fully insured medical plans in plan year 2024, among commission-paying fully insured medical plans, the median broker compensation for Mining, oil & gas employers was 3.4% of premium (middle half 2.9% to 4.9%), against a national median of 3.8%. In dollars, the median employer that disclosed broker pay reported $77,238.

Which Mining, oil & gas employers paid the most in broker commissions?

Killam Oil Co., LTD reported the most in 2024, $2,671,557, followed by Halliburton Company ($2.3M) and Nextier Holding Co. ($1.2M).

Which brokers and carriers dominate this industry?

By reported compensation, the largest brokers are Marsh McLennan Agency, Mercer, Gallagher. By medical premium, the largest carriers are Blue Cross and Blue Shield of Louisiana, Health Care Service Corporation, Blue Cross Blue Shield of South Carolina.

Other industries

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