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Sponsor portfolio

BGM GROUP, LLC

EIN 41-1421691-Professional, Scientific, and Technical Services-Latest filing 2024
Plans
2
Retirement
1
$30.1M assets
Welfare
1
$1.5M premiums
Participants
349
7900 INTERNATIONAL DR., SUITE 800 - BLOOMINGTON, MN 55425952-844-2500
Plans on this EIN
2 filings
#001401k-$30.1M - 207 part#502Fully Insured-$1.5M - 261 lives

Benefits portfolio analytics

1 plan / $1.5M premiums / 261 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Other$1.5M
  • Health$1.3M
  • Prescription drug$1.3M
  • Dental$132K
  • Vision$116K
  • Life$116K
  • +2 more
Total $1.5M8 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
84%top
  • HEALTHPARTNERS INSURANCE COMPANY84%
  • THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA9%
  • PRINCIPAL LIFE INSURANCE COMPANY8%
Total $1.5M3 slices

Broker market share

Schedule A broker compensation

Split broker
85%top
  • ALLIANT INSURANCE SERVICES, INC.85%
  • LOCKTON COMPANIES, LLC9%
  • WATCHTOWER BENEFITS, LLC4%
  • UNKNOWN2%
Total $110K4 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

BGM GROUP SALARY SAVINGS PLAN AND TRUST

401k

Assets$30.1M
Participants207
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#502

BGM GROUP, LLC HEALTH AND WELFARE BENEFITS PLAN

Fully Insured - HEALTHPARTNERS INSURANCE COMPANY

Premiums$1.5M
Covered lives261
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001BGM GROUP SALARY SAVINGS PLAN AND TRUST401k$30.1M2072024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
502BGM GROUP, LLC HEALTH AND WELFARE BENEFITS PLANFully InsuredHEALTHPARTNERS INSURANCE COMPANY$1.5M2612024
Retirement plans
Welfare plans
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