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  2. FAREVA RICHMOND, INC
Sponsor portfolio

FAREVA RICHMOND, INC

EIN 45-3125558-pharmaceuticals-Latest filing 2024
Plans
2
Retirement
1
$35.7M assets
Welfare
1
$4.9M premiums
Participants
1,203
2248 DARBYTOWN ROAD - HENRICO, VA 23231804-652-6188LinkedIn501-1000 employeespharmaceuticals
Plans on this EIN
2 filings
#001401k-$35.7M - 751 part#501Fully Insured-$4.9M - 663 lives

Benefits portfolio analytics

1 plan / $4.9M premiums / 663 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Other$4.6M
  • Dental$4.5M
  • Health$4.5M
  • Vision$4.5M
  • Life$194K
  • Short-term disability$94K
  • +1 more
Total $4.9M7 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
94%top
  • CIGNA HEALTH AND LIFE INSURANCE COMPANY94%
  • LIFE INSURANCE COMPANY OF NORTH AMERICA6%
Total $4.9M2 slices

Broker market share

Schedule A broker compensation

Split broker
92%top
  • MARSH & MCLENNAN AGENCY LLC92%
  • THE NIA GROUP8%
Total $151K2 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

FAREVA US SAVINGS PLAN 001

401k

Assets$35.7M
Participants751
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

FAREVA US HEALTH AND WELFARE BENEFIT PLAN

Fully Insured - CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES

Premiums$4.9M
Covered lives663
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001FAREVA US SAVINGS PLAN 001401k$35.7M7512024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501FAREVA US HEALTH AND WELFARE BENEFIT PLANFully InsuredCIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES$4.9M6632024
Retirement plans
Welfare plans
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