Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$1.2M
- Prescription drug$1.2M
- Dental$393K
- Vision$393K
- Life$393K
- Short-term disability$393K
- +1 more
Sponsor portfolio
MAGNUM ELECTRIC, INC.
EIN 41-1633269constructionLatest filing 2025
Plans
2
Retirement
1
$13.4M assets
Welfare
1
$1.6M premiums
Participants
978
471 CHRISTIANSON DRIVE WEST - WEST FARGO, ND 58078701-551-3253magnumelectric.netLinkedIn51-200 employeesconstruction
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $1.6M premiums / 547 covered livesCarrier market share
Premium dollars by Schedule A carrier
76%top
- SANFORD HEALTH PLAN76%
- STANDARD INSURANCE COMPANY24%
Broker market share
Schedule A broker compensation
84%top
- MARSH & MCLENNAN AGENCY LLC84%
- USI INSURANCE SERVICES LLC10%
- NATIONAL ENROLLMENT PARTNERS LLC3%
- GIS BENEFITS INC2%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
MAGNUM ELECTRIC 401(K) PROFIT SHARING PLAN
401k
Assets$13.4M
Participants431
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
MAGNUM ELECTRIC, INC.
Fully Insured - SANFORD HEALTH PLAN
Premiums$1.6M
Covered lives547
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | MAGNUM ELECTRIC 401(K) PROFIT SHARING PLAN | 401k | $13.4M | 431 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | MAGNUM ELECTRIC, INC. | Fully Insured | SANFORD HEALTH PLAN | $1.6M | 547 | 2025 |
Retirement plans
Welfare plans