BenefitsLedger
Industry · Plan year 2024 · Form 5500

Real estate & rental employer health plans: what they cost and who gets paid

1,613 Real estate & rental employers filed health plans with 100 or more participants for plan year 2024, covering 1,111,034 participants. They reported $559M in insurance premiums and $175M in broker commissions and fees. The median broker rate on commission-paying, fully insured medical plans was 3.7% of premium, 0.0 points below the national median of 3.8%.

Employer plans
1,613
1,111,034 participants
Premiums
$559M
all coverage lines
Broker pay
$175M
1,557 employers disclosed
Median rate
3.7%
U.S. median 3.8%

Largest employer plans

By health plan participants.

EmployerCityParticipants
United Parcel Service of America, Inc.Atlanta, GA72,757
Enterprise Holdings, Inc.ST. Louis, MO56,604
CBRE Services, Inc.Richardson, TX39,761
Jones Lang Lasalle Americas, Inc.Chicago, IL33,219
United Rentals, Inc.Stamford, CT23,442
Greystar Management Services, LLCHouston, TX22,835
Sunbelt Rentals, Inc.Fort Mill, SC18,683
Marriott Vacations Worldwide Corp.Orlando, FL16,788
Firstservice Residential Inc.Dania Beach, FL15,450
The Hertz CorporationEstero, FL12,808
U-Haul Holding CompanyPhoenix, AZ12,691
Five Guys Enterprises, LLCAlexandria, VA12,032
First American Financial CorporationSanta Ana, CA11,398
Saber Healthcare Group, L.L.C.Beachwood, OH11,347
Netflix, Inc.Los Gatos, CA7,709
Anywhere Real Estate Group LLCMadison, NJ7,245
Public StorageGlendale, CA6,591
Sage Hospitality Resources, LLCDenver, CO6,437
Herc Rentals Inc.Bonita Springs, FL6,244
Hanger, Inc.Austin, TX6,149
Guaranteed Rate, Inc.Chicago, IL5,927
Drury Hotels Company, LLCCape Girardeau, MO5,672
Homeservices of America, Inc.Eden Prairie, MN5,655
Zillow Group, Inc.Seattle, WA5,616
Stewart Title CompanyHouston, TX5,487

Highest broker pay

Employers reporting the most broker commissions and fees.

EmployerCityBroker payRate
Senior Lifestyle DC, LLCChicago, IL$2,002,026—
Sunbelt Rentals, Inc.Fort Mill, SC$1,722,921—
Firstservice Residential Inc.Dania Beach, FL$1,500,057—
Saber Healthcare Group, L.L.C.Beachwood, OH$1,499,151—
Anywhere Real Estate Group LLCMadison, NJ$1,305,182—
Airbus Americas, IncHerndon, VA$1,185,076—
United Parcel Service of America, Inc.Atlanta, GA$1,119,645—
Guaranteed Rate, Inc.Chicago, IL$989,246—
Winn Management Group LLCBoston, MA$945,851—
Fpi ManagementFolsom, CA$878,111—
Irg Realty Advisors LLCRichfield, OH$855,935—
Alexandria Real Estate Equities, Inc.Pasadena, CA$828,559—
Jones Lang Lasalle Americas, Inc.Chicago, IL$827,714—
Pacific Personnel Services, Inc.Irvine, CA$805,387—
CBRE Services, Inc.Richardson, TX$760,021—
RPM Living, LLCAustin, TX$739,391—
The Hertz CorporationEstero, FL$702,486—
Sixt Rent a Car LLCFort Lauderdale, FL$680,489—
Tricon American HomesTustin, CA$680,377—
Empire Southwest LLCMesa, AZ$673,094—
Brookfield HRS TS LLCNew York, NY$665,578—
American Tower CorporationBoston, MA$655,257—
Panattoni Development Company, Inc.Sacramento, CA$632,516—
Sako and Partners Lower HoldingsHouston, TX$599,675—
FF Properties, L.P.San Diego, CA$575,884—

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
Somerset Capital Group, LTDMilford, CT11.5%$142,260
Safeguard Operations, LLCAtlanta, GA10.2%$111,158
Ashforth Properties Inc.Stamford, CT7.0%$59,349
KRG Management, LLCIndianapolis, IN6.8%$147,111
Urby LLCHoboken, NJ6.7%$81,582
Resicap, LLCAtlanta, GA6.5%$93,533
East Lake Management & Development CorpChicago, IL6.4%$174,298
Anywhere Integrated Affiliates Holdings LLCMount Laurel, NJ6.3%$75,928
GSP Transportation, Inc.Greenville, SC6.2%$71,125
Rampart/Wurth Holding, Inc.New Orleans, LA6.0%$41,687
Agpm, LLCOrlando, FL6.0%$70,597
American Furniture Rentals, Inc.Pennsauken, NJ5.9%$233,890
Rent Express BY BerriosCidra, PR5.8%$31,985
VP Advantage Services, LLCExton, PA5.8%$82,812
Master Vac Industrial Services, LLCGeismar, LA5.7%$73,571
Grubb Management, LLCCharlotte, NC5.6%$73,361
GMH Associates, Inc.Newtown Square, PA5.6%$160,148
Tesco Properties, Inc.Germantown, TN5.5%$66,472
Gulfstream Services, Inc.Houma, LA5.5%$61,673
SFMC, LPPlano, TX5.4%$108,733
Associated Management CompaniesLivonia, MI5.4%$31,952
Imc Equity GroupNorth Miami, FL5.3%$41,374
The Polo Club of Boca Raton Property Owners Association, Inc.Boca Raton, FL5.3%$56,145
Ascension Property Services, LLCBrentwood, TN5.2%$244,636
Virtuous Management Group, Inc.Miramar Beach, FL5.2%$56,353

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

What do Real estate & rental employers pay health insurance brokers?

Across 145 fully insured medical plans in plan year 2024, among commission-paying fully insured medical plans, the median broker compensation for Real estate & rental employers was 3.7% of premium (middle half 2.8% to 5.0%), against a national median of 3.8%. In dollars, the median employer that disclosed broker pay reported $74,895.

Which Real estate & rental employers paid the most in broker commissions?

Senior Lifestyle DC, LLC reported the most in 2024, $2,002,026, followed by Sunbelt Rentals, Inc. ($1.7M) and Firstservice Residential Inc. ($1.5M).

Which brokers and carriers dominate this industry?

By reported compensation, the largest brokers are Lockton, Marsh McLennan Agency, USI Insurance Services. By medical premium, the largest carriers are Cigna Health and Life Insurance Company, Blue Cross Blue Shield of Massachusetts, Inc., Bluecross Blueshield of Illinois.

Other industries

Is this your company's plan? Get a written review of the filing.
A WellthCare benefits specialist reads your Form 5500 the way a fiduciary reviewer would and writes up what to take to your broker before renewal. Free, from the public record only.