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  2. OPENLANE, INC.
Sponsor portfolio

OPENLANE, INC.

EIN 20-8744739-automotive-Latest filing 2024
Plans
2
Retirement
1
$314.7M assets
Welfare
1
$2.2M premiums
Participants
7,050
11299 N ILLINOIS STREET - CARMEL, IN 46032317-815-1100openlane.comLinkedIn1001-5000 employeesautomotive
Plans on this EIN
2 filings
#001401k-$314.7M - 5,109 part#501Mixed-$2.2M - 1,878 lives

Benefits portfolio analytics

1 plan / $2.2M premiums / 1,878 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Other$2.0M
  • Life$1.7M
  • Long-term disability$1.7M
  • Vision$197K
Total $2.2M4 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
78%top
  • PRUDENTIAL INSURANCE COMPANY OF AMERICA78%
  • RELIASTAR LIFE INSURANCE COMPANY13%
  • UNITEDHEALTHCARE INSURANCE COMPANY9%
Total $2.2M3 slices

Broker market share

Schedule A broker compensation

Split broker
73%top
  • GALLAGHER BENEFIT SERVICES, INC.73%
  • WILLIS TOWERS WATSON US LLC27%
Total $102K2 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

OPENLANE, INC. 401(K) PLAN

401k

Assets$314.7M
Participants5,109
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

GROUP WELFARE PLAN

Mixed - PRUDENTIAL INSURANCE COMPANY OF AMERICA

Premiums$2.2M
Covered lives1,878
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001OPENLANE, INC. 401(K) PLAN401k$314.7M5,1092024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501GROUP WELFARE PLANMixedPRUDENTIAL INSURANCE COMPANY OF AMERICA$2.2M1,8782024
Retirement plans
Welfare plans
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