Manufacturing — metal, equipment, transportation employer health plans: what they cost and who gets paid
6,439 Manufacturing — metal, equipment, transportation employers filed health plans with 100 or more participants for plan year 2024, covering 7,065,915 participants. They reported $4.2B in insurance premiums and $724M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 3.5% of premium, 0.3 points below the national median of 3.8%.
Largest brokers
Reported commissions and fees, with the number of employer plans naming each.
Largest medical carriers
Medical premium written.
Largest employer plans
By health plan participants.
Highest broker pay
Employers reporting the most broker commissions and fees.
| Employer | City | Broker pay | Rate |
|---|---|---|---|
| General Dynamics Corporation | Reston, VA | $8,947,442 | — |
| The Boeing Co. and Consolidated Subsidiaries | Seattle, WA | $5,880,543 | — |
| Hitachi America, LTD | Santa Clara, CA | $3,766,674 | — |
| LG Chem Michigan, Inc. | Holland, MI | $3,759,029 | 5.1% |
| Northrop Grumman Corporation | Falls Church, VA | $3,044,150 | — |
| Lockheed Martin Corporation | Bethesda, MD | $2,761,455 | — |
| Huntington Ingalls Industries, Inc. | Newport News, VA | $2,731,737 | — |
| Johnson Controls, Inc. | Milwaukee, WI | $2,545,498 | — |
| L3harris Technologies, Inc. | Melbourne, FL | $2,390,894 | — |
| Pactiv Evergreen Services Inc. | Lake Forest, IL | $2,076,881 | 0.2% |
| Utility Trailer Manufacturing Company, LLC | City of Industry, CA | $1,901,832 | — |
| Hcew Inc | City of Industry, CA | $1,901,832 | — |
| Dana Limited | Maumee, OH | $1,889,752 | — |
| Danaher Corporation | Washington, DC | $1,792,828 | — |
| Medtronic | Minneapolis, MN | $1,682,635 | — |
| Cisco Systems, Inc. | San Jose, CA | $1,618,280 | — |
| Spirit Aerosystems Holdings, Inc. | Wichita, KS | $1,602,080 | — |
| Volvo Car USA LLC | Mahwah, NJ | $1,599,954 | — |
| Kennametal Inc. | Fort Mill, SC | $1,512,205 | — |
| Cook Group Incorporated | Bloomington, IN | $1,416,125 | — |
| Thor Industries, Inc. | Elkhart, IN | $1,369,797 | — |
| Boston Scientific Corporation | Marlborough, MA | $1,332,703 | — |
| Illinois Tool Works Inc. | Glenview, IL | $1,296,046 | — |
| Sunrun, Inc. | San Francisco, CA | $1,227,544 | — |
| Bway Corp. dba Mauser Packaging Solutions | Atlanta, GA | $1,226,343 | — |
Highest commission rates
Fully insured medical plans with at least $500,000 in premium, ranked by broker compensation as a share of premium.
| Employer | City | Rate | Broker pay |
|---|---|---|---|
| Hurst Boiler & Welding Co Inc | Coolidge, GA | 17.3% | $152,820 |
| PTR Group, LP | Wheatland, PA | 16.0% | $90,244 |
| Southern Aluminum Manufacturing Acquisition, Inc. | Magnolia, AR | 15.9% | $158,580 |
| B-Squared Medical, LLC | Newport News, VA | 12.1% | $104,610 |
| Pace-O-Matic, Inc. | Duluth, GA | 10.9% | $118,269 |
| Acme Manufacturing Company, Inc. | Denver, CO | 9.9% | $122,944 |
| Dayton-Granger, Inc | Fort Lauderdale, FL | 9.8% | $65,718 |
| Eos Energy Storage, LLC | Edison, NJ | 9.6% | $377,857 |
| Revolution Lighting Technologies | Stamford, CT | 8.9% | $108,030 |
| Schumacher Electric Corporation | Fort Worth, TX | 8.5% | $49,129 |
| Technology Dynamics, Inc. | Bergenfield, NJ | 8.3% | $51,553 |
| JBC Technologies, Inc. | North Ridgeville, OH | 8.1% | $47,455 |
| Stewart Stainless Supply, Inc. | Braselton, GA | 8.0% | $119,257 |
| Hart Intercivic Inc. | Austin, TX | 7.9% | $78,084 |
| Hutchens Industries, Inc | Springfield, MO | 7.1% | $383,580 |
| Gallagher North America Inc. | Riverside, MO | 7.0% | $78,912 |
| Fillauer Companies, Inc. | Chattanooga, TN | 7.0% | $48,437 |
| Steripack (USA) Limited LLC | Lakeland, FL | 6.9% | $39,716 |
| Red Deer Capital, Inc. | Manchester, CT | 6.9% | $79,740 |
| Southeast Elevator Inc | Fort Pierce, FL | 6.8% | $43,151 |
| Mutual Industries | Philadelphia, PA | 6.8% | $69,249 |
| Foxconn Corporation | Houston, TX | 6.8% | $648,137 |
| Churchill Forge Inc | Boston, MA | 6.7% | $153,547 |
| North Star Bluescope Steel | Delta, OH | 6.6% | $108,268 |
| JPW Industries, Inc. | La Vergne, TN | 6.6% | $142,559 |
Source: DOL Form 5500 and Schedule A, plan year 2024; built October 24, 2026. Methodology.
What do Manufacturing — metal, equipment, transportation employers pay health insurance brokers?
Across 538 fully insured medical plans in plan year 2024, among commission-paying fully insured medical plans, the median broker compensation for Manufacturing — metal, equipment, transportation employers was 3.5% of premium (middle half 2.6% to 5.0%), against a national median of 3.8%. In dollars, the median employer that disclosed broker pay reported $68,336.
Which Manufacturing — metal, equipment, transportation employers paid the most in broker commissions?
General Dynamics Corporation reported the most in 2024, $8,947,442, followed by The Boeing Co. and Consolidated Subsidiaries ($5.9M) and Hitachi America, LTD ($3.8M).
Which brokers and carriers dominate this industry?
By reported compensation, the largest brokers are Marsh McLennan Agency, Mercer, Lockton. By medical premium, the largest carriers are Blue Cross Blue Shield of Michigan, Bluecross Blueshield of Illinois, Blue Cross Blue Shield of Massachusetts, Inc..