BenefitsLedger
Industry · Plan year 2024 · Form 5500

Manufacturing — chemical, wood, plastics employer health plans: what they cost and who gets paid

2,887 Manufacturing — chemical, wood, plastics employers filed health plans with 100 or more participants for plan year 2024, covering 3,091,295 participants. They reported $1.1B in insurance premiums and $296M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 3.3% of premium, 0.5 points below the national median of 3.8%.

Employer plans
2,887
3,091,295 participants
Premiums
$1.1B
all coverage lines
Broker pay
$296M
2,720 employers disclosed
Median rate
3.3%
U.S. median 3.8%

Largest employer plans

By health plan participants.

EmployerCityParticipants
The Sherwin-Williams CompanyCleveland, OH50,080
Koch Companies, LLCWichita, KS48,952
Westrock CompanyAtlanta, GA42,174
Eidp, IncWilmington, DE40,110
Exxon Mobil CorporationSpring, TX38,081
Chevron CorporationSan Ramon, CA36,668
Abbott LaboratoriesAbbott Park, IL35,535
Bristol-Myers Squibb CompanyPrinceton, NJ34,497
Bridgestone Americas, Inc.Nashville, TN34,287
Shell USA, Inc.Houston, TX33,988
Merck Sharp & Dohme LLCRahway, NJ33,399
Pfizer IncTampa, FL32,225
Bayer Corporation C/O HR Operations DepartmentST. Louis, MO27,933
Abbvie Inc.North Chicago, IL26,956
International Paper CompanyMemphis, TN26,588
The Procter & Gamble CompanyCincinnati, OH26,178
Glaxosmithkline LLCDurham, NC25,061
BP Corporation North America Inc.Houston, TX24,825
Genentech, Inc.South San Francisco, CA23,283
Eli Lilly and CompanyIndianapolis, IN21,492
G.M.P.-Employers Retiree TrustFort Myers, FL21,097
The Dow Chemical CompanyMidland, MI20,280
CSL Behring LLCKing of Prussia, PA19,420
Ecolab Inc.ST. Paul, MN19,295
Weyerhaeuser CompanySeattle, WA19,043

Highest broker pay

Employers reporting the most broker commissions and fees.

EmployerCityBroker payRate
Valero Energy CorporationSan Antonio, TX$3,412,089—
Brenntag North America, Inc.Reading, PA$2,425,209—
Astrazeneca Pharmaceuticals LPWilmington, DE$2,075,187—
Pratt Industries, Inc.Conyers, GA$1,720,662—
Gaf LLCParsippany, NJ$1,596,718—
The Goodyear Tire & Rubber CompanyAkron, OH$1,475,921—
Michelin North America, Inc.Greenville, SC$1,466,821—
Shell USA, Inc.Houston, TX$1,405,647—
PPG Industries, Inc.Pittsburgh, PA$1,319,361—
Indorama Ventures Holdings CorporationCharlotte, NC$1,163,468—
Moore Holdings, LLCLanham, MD$1,122,332—
Quikrete International, Inc.Atlanta, GA$1,119,312—
Graphic Packaging International, LLCAtlanta, GA$1,095,314—
Amgen Inc.Thousand Oaks, CA$1,090,343—
CSL Behring LLCKing of Prussia, PA$1,085,3390.0%
Sanofi-Aventis U.S. LLCMorristown, NJ$1,082,860—
Sealed Air CorporationCharlotte, NC$986,241—
Evonik CorporationPiscataway, NJ$955,813—
Celanese Americas, LLC.Irving, TX$943,862—
Chevron CorporationSan Ramon, CA$874,191—
Johns Manville CorporationDenver, CO$868,5210.0%
Cascades USA Inc.Waterford, NY$867,439—
Corteva Agriscience LLCWilmington, DE$841,239—
Niagara Bottling, LLCDiamond Bar, CA$770,109—
Cemex, Inc.Houston, TX$763,400—

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
The Fountainhead Group, Inc.New York Mills, NY22.5%$244,957
Custom Aircraft CabinetsNorth Little Rock, AR12.4%$96,732
Manufacturing Resources InternationalAlpharetta, GA11.2%$137,270
Eftec North America, LLCTaylor, MI9.2%$189,338
Rentschler Biopharma, Inc.Milford, MA8.4%$110,706
Hoffer Plastics CorporationSouth Elgin, IL7.7%$312,165
Hughes Brothers Inc.Seward, NE7.3%$190,505
HCP Packaging USA, IncShelton, CT7.1%$58,274
Aba-Pgt, Inc.Manchester, CT6.8%$112,809
Jobe Materials, L.P.El Paso, TX6.5%$219,178
Usfibers, a Division of Pac Tell Group, Inc.Trenton, SC6.5%$71,611
Kumho Tire of Georgia, Inc.Macon, GA6.3%$209,582
Danhil Containers Ii LTDTemple, TX6.0%$125,811
Lapeer Plating & PlasticsLapeer, MI6.0%$49,943
Cinch Kit LLCHouston, TX6.0%$62,255
Barclay Water Management, Inc.Newton, MA6.0%$70,450
Future Pipe Industries, Inc.Houston, TX6.0%$52,558
Berry Good Labs, LLC dba Goodkind Co.Round Rock, TX6.0%$34,894
Metra Electronics CorpHolly Hill, FL6.0%$65,253
Murphy Wall Products International, Inc.Fort Worth, TX6.0%$93,910
Florida Custom Mold, Inc.Odessa, FL6.0%$41,572
Phoenix Wood Products Inc.Ocala, FL6.0%$79,676
Bonrinquen ContainerArecibo, PR6.0%$40,752
Basf Agricultural Products de Puerto RicoManati, PR5.9%$85,969
Seashore Asphalt CorporationWoodbine, NJ5.8%$66,536

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

What do Manufacturing — chemical, wood, plastics employers pay health insurance brokers?

Across 209 fully insured medical plans in plan year 2024, among commission-paying fully insured medical plans, the median broker compensation for Manufacturing — chemical, wood, plastics employers was 3.3% of premium (middle half 2.3% to 5.0%), against a national median of 3.8%. In dollars, the median employer that disclosed broker pay reported $61,723.

Which Manufacturing — chemical, wood, plastics employers paid the most in broker commissions?

Valero Energy Corporation reported the most in 2024, $3,412,089, followed by Brenntag North America, Inc. ($2.4M) and Astrazeneca Pharmaceuticals LP ($2.1M).

Which brokers and carriers dominate this industry?

By reported compensation, the largest brokers are Marsh McLennan Agency, Mercer, Willis Towers Watson. By medical premium, the largest carriers are Blue Cross Blue Shield of Massachusetts, Inc., Blue Cross Blue Shield of Michigan, Cigna Health and Life Insurance Company.

Other industries

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