Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
SANDVIK, INC.
EIN 22-1717737ManufacturingLatest filing 2024
Plans
3
Retirement
2
$1.28B assets
Welfare
1
$5.5M premiums
Participants
11,675
1483 DOGWOOD WAY - MEBANE, NC 27302919-304-4212
Plans on this EIN
3 filingsRetirement portfolio analytics
2 plans aggregated / $1.28B assets / 9,039 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
54%top
- T ROWE PRICE RPS INC54%
- (Not disclosed)46%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
1 plan / $5.5M premiums / 2,609 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$2.3M
- Life$1.9M
- Dental$1.8M
- Long-term disability$556K
- Short-term disability$456K
- Vision$419K
Carrier market share
Premium dollars by Schedule A carrier
60%top
- STANDARD INSURANCE COMPANY60%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY32%
- VISION SERVICE PLAN8%
- NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA0%
Broker market share
Schedule A broker compensation
76%top
- MERCER HEALTH AND BENEFITS, LLC76%
- WEX HEALTH, INC.17%
- SANDVIK MACHINING SOLUTIONS USA LLC6%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#006
SANDVIK 401(K) RETIREMENT PLAN
401k
Assets$693.0M
Participants4,401
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004
SANDVIK PENSION PLAN
TraditionalDB
Assets$588.8M
Participants4,638
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#605
SANDVIK, INC. HEALTH AND WELFARE BENEFITS PLAN
Mixed - STANDARD INSURANCE COMPANY
Premiums$5.5M
Covered lives2,609
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 006 | SANDVIK 401(K) RETIREMENT PLAN | 401k | $693.0M | 4,401 | 2024 | |
| 004 | SANDVIK PENSION PLAN | TraditionalDB | $588.8M | 4,638 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 605 | SANDVIK, INC. HEALTH AND WELFARE BENEFITS PLAN | Mixed | STANDARD INSURANCE COMPANY | $5.5M | 2,609 | 2024 |
Retirement plans
Welfare plans