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WATSON CLINIC LLP

EIN 59-0704934-medical practice-Latest filing 2024
Plans
7
Retirement
1
$327.8M assets
Welfare
6
$5.1M premiums
Participants
12,033
1430 LAKELAND HILLS BLVD, 4TH FLOOR - LAKELAND, FL 338053202863-680-7000watsonclinic.comLinkedIn1001-5000 employeesmedical practice
Plans on this EIN
7 filings
#001401k-$327.8M - 2,942 part#501Fully Insured-$3.4M - 1,574 lives#503Fully Insured-$994K - 905 lives#502Fully Insured-$401K - 2,080 lives#507Fully Insured-$248K - 243 lives#001Fully Insured-1 lives#512Self Funded-0 lives

Benefits portfolio analytics

6 plans / $5.1M premiums / 4,803 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Stop-loss$1.7M
  • Health$1.7M
  • Long-term disability$1.2M
  • Life$401K
  • Short-term disability$401K
Total $5.1M5 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
67%top
  • HCC LIFE INSURANCE COMPANY67%
  • THE LINCOLN NATIONAL LIFE INSURANCE COMPANY32%
  • BLUE CROSS OF CALIFORNIA0%
Total $5.1M3 slices

Broker market share

Schedule A broker compensation

Split broker
44%top
  • M.E. WILSON COMPANY, LLC44%
  • STEALTH PARTNER GROUP LLC35%
  • BENEFIT TECHNOLOGY RESOURCES17%
  • LOCKTON COMPANIES, LLC4%
Total $290K4 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

WATSON CLINIC LLP 401(K) PROFIT SHARING PLAN

401k

Assets$327.8M
Participants2,942
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

WATSON CLINIC HEALTH CARE PLAN

Fully Insured - TOKIO MARINE/HCC LIFE INSURANCE COMPANY

Premiums$3.4M
Covered lives1,574
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#503

LONG-TERM DISABILITY

Fully Insured - THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

Premiums$994K
Covered lives905
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502

GROUP TERM LIFE AND AD&D

Fully Insured - THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

Premiums$401K
Covered lives2,080
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#507

LONG-TERM DISABILITY - PHYSICIANS

Fully Insured - THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

Premiums$248K
Covered lives243
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#001

WATSON CLINIC LLP 401(K) PROFIT SHARING PLAN

Fully Insured - LINCOLN BENEFIT LIFE

Premiums$0
Covered lives1
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#512

DENTAL PLAN - EMPLOYEE AND PHYSICIANS

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001WATSON CLINIC LLP 401(K) PROFIT SHARING PLAN401k$327.8M2,9422024

Welfare plans6

Plan #NameFundingCarrierPremiumsCoveredLatest year
501WATSON CLINIC HEALTH CARE PLANFully InsuredTOKIO MARINE/HCC LIFE INSURANCE COMPANY$3.4M1,5742024
503LONG-TERM DISABILITYFully InsuredTHE LINCOLN NATIONAL LIFE INSURANCE COMPANY$994K9052024
502GROUP TERM LIFE AND AD&DFully InsuredTHE LINCOLN NATIONAL LIFE INSURANCE COMPANY$401K2,0802024
507LONG-TERM DISABILITY - PHYSICIANSFully InsuredTHE LINCOLN NATIONAL LIFE INSURANCE COMPANY$248K2432024
001WATSON CLINIC LLP 401(K) PROFIT SHARING PLANFully InsuredLINCOLN BENEFIT LIFE$012024
512DENTAL PLAN - EMPLOYEE AND PHYSICIANSSelf Funded-$002024
Retirement plans
Welfare plans
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