Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Short-term disability$77K
- Dental$71K
- Life$28K
- Long-term disability$11K
Sponsor portfolio
BERMO, INC.
EIN 41-0691155mechanical or industrial engineeringLatest filing 2024
Plans
2
Retirement
1
$14.0M assets
Welfare
1
$171K premiums
Participants
213
4501 BALL ROAD NE - CIRCLE PINES, MN 55014763-786-7676bermo.comLinkedIn201-500 employeesmechanical or industrial engineering
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $171K premiums / 91 covered livesCarrier market share
Premium dollars by Schedule A carrier
64%top
- THE LINCOLN NATIONAL LIFE INSURANCE COMPANY64%
- FORMULA BENEFITS36%
Broker market share
Schedule A broker compensation
90%top
- USI INSURANCE SERVICES LLC90%
- FORMULA BENEFITS10%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
BERMO, INC. PROFIT SHARING PLAN AND TRUST
401k
Assets$14.0M
Participants137
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
BERMO INC EMPLOYEE MEDICAL AND DENTAL BENEFIT PLAN
Mixed - THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Premiums$171K
Covered lives91
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | BERMO, INC. PROFIT SHARING PLAN AND TRUST | 401k | $14.0M | 137 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | BERMO INC EMPLOYEE MEDICAL AND DENTAL BENEFIT PLAN | Mixed | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $171K | 91 | 2024 |
Retirement plans
Welfare plans