Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$6.5M
- Prescription drug$6.4M
- Other$323K
- Life$252K
- Short-term disability$252K
- Long-term disability$252K
- +1 more
Sponsor portfolioTH
MAGNIFI FINANCIAL CREDIT UNION
EIN 41-0705136Finance and InsuranceLatest filing 2025
Plans
2
Retirement
1
$68.1M assets
Welfare
1
$6.8M premiums
Participants
883
20 4TH AVE. SE - MELROSE, MN 56352320-256-3669
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $6.8M premiums / 870 covered livesCarrier market share
Premium dollars by Schedule A carrier
95%top
- MEDICA INSURANCE COMPANY95%
- THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA4%
- BENCHMARK INSURANCE COMPANY1%
- EYEMED VISION CARE0%
Broker market share
Schedule A broker compensation
100%top
- USI INSURANCE SERVICES LLC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
MAGNIFI FINANCIAL 401(K) PLAN & TRUST
401k
Assets$68.1M
Participants478
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#502
MAGNIFI FINANCIAL CREDIT UNION COMPREHENSIVE HEALTH & WELFARE BENEFITS PLAN
Mixed - MEDICA INSURANCE COMPANY
Premiums$6.8M
Covered lives870
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | MAGNIFI FINANCIAL 401(K) PLAN & TRUST | 401k | $68.1M | 478 | 2025 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 502 | MAGNIFI FINANCIAL CREDIT UNION COMPREHENSIVE HEALTH & WELFARE BENEFITS PLAN | Mixed | MEDICA INSURANCE COMPANY | $6.8M | 870 | 2025 |
Retirement plans
Welfare plans