Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Other$1.4M
- Dental$1.1M
- Life$1.0M
- Long-term disability$1.0M
- Vision$403K
Sponsor portfolio
INDEPENDENT BANK
EIN 75-2694563retailLatest filing 2024
Plans
2
Retirement
1
$143.0M assets
Welfare
1
$2.6M premiums
Participants
1,786
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $2.6M premiums / 2,015 covered livesCarrier market share
Premium dollars by Schedule A carrier
44%top
- CIGNA HEALTH AND LIFE INSURANCE COMPANY44%
- HARTFORD LIFE AND ACCIDENT39%
- METROPOLITAN LIFE INSURANCE COMPANY16%
- HEALTH ADVOCATE SOLUTIONS, INC.1%
Broker market share
Schedule A broker compensation
100%top
- LOCKTON COMPANIES, LLC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
INDEPENDENT FINANCIAL 401(K) PROFIT SHARING PLAN
401k
Assets$143.0M
Participants1,786
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
INDEPENDENT BANK WELFARE BENEFIT PLAN
Mixed - CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES
Premiums$2.6M
Covered lives2,015
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | INDEPENDENT FINANCIAL 401(K) PROFIT SHARING PLAN | 401k | $143.0M | 1,786 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | INDEPENDENT BANK WELFARE BENEFIT PLAN | Mixed | CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $2.6M | 2,015 | 2024 |
Retirement plans
Welfare plans