Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$545K
- Prescription drug$545K
- Other$35K
- Life$32K
- Vision$10K
Sponsor portfolio
MASABA, INC.
EIN 42-1505445machineryLatest filing 2024
Plans
4
Retirement
1
$8.6M assets
Welfare
3
$590K premiums
Participants
519
1617 317TH STREET, PO BOX 345 - VERMILLION, SD 570690345605-624-9555masabainc.comLinkedIn51-200 employeesmachinery
Benefits portfolio analytics
3 plans / $590K premiums / 357 covered livesCarrier market share
Premium dollars by Schedule A carrier
93%top
- AVERA HEALTH PLANS, INC.93%
- STANDARD INSURANCE COMPANY5%
- VISION SERVICE PLAN2%
Broker market share
Schedule A broker compensation
83%top
- MARSH & MCLENNAN AGENCY LLC83%
- HUB INTERNATIONAL MIDWEST LIMITED17%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
MASABA, INC. 401(K) RETIREMENT PLAN
401k
Assets$8.6M
Participants167
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
MASABA, INC. GROUP MEDICAL PLAN
Fully Insured - AVERA HEALTH PLANS, INC.
Premiums$558K
Covered lives210
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#503
MASABA, INC. BASIC LIFE AND AD&D
Fully Insured - STANDARD INSURANCE COMPANY
Premiums$32K
Covered lives147
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#510
MASABA, INC. FUNDED HEALTH REINBURSEMENT ACCOUNT
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | MASABA, INC. 401(K) RETIREMENT PLAN | 401k | $8.6M | 167 | 2024 |
Welfare plans3
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | MASABA, INC. GROUP MEDICAL PLAN | Fully Insured | AVERA HEALTH PLANS, INC. | $558K | 210 | 2024 | |
| 503 | MASABA, INC. BASIC LIFE AND AD&D | Fully Insured | STANDARD INSURANCE COMPANY | $32K | 147 | 2024 | |
| 510 | MASABA, INC. FUNDED HEALTH REINBURSEMENT ACCOUNT | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans