Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$296K
- Dental$122K
- Life$93K
- Other$93K
- Short-term disability$64K
- Long-term disability$41K
- +1 more
Sponsor portfolio
MEDTECH 7 HOLDINGS, LLC DBA VELOCITY MEDTECH
EIN 81-4589293ManufacturingLatest filing 2024
Plans
2
Retirement
1
$6.2M assets
Welfare
1
$503K premiums
Participants
332
11 JACKSON ROAD - TOTOWA, NJ 07512360-282-4092
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $503K premiums / 134 covered livesCarrier market share
Premium dollars by Schedule A carrier
79%top
- CIGNA HEALTH AND LIFE INSURANCE COMPANY79%
- HARTFORD LIFE AND ACCIDENT8%
- UNITEDHEALTHCARE INSURANCE COMPANY6%
- THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA4%
- VISION SERVICE PLAN3%
Broker market share
Schedule A broker compensation
62%top
- PREMIER CONSULTING PARTNERS LLC62%
- DONALD C SAVOY INC38%
- MARSH & MCLENNAN AGENCY LLC-0%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
VELOCITY MEDTECH 401(K) PLAN
401k
Assets$6.2M
Participants200
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
MEDTECH 7 HOLDINGS, LLC DBA VELOCITY HEALTH AND WELFARE BENEFIT PLAN
Fully Insured - CIGNA HEALTH AND LIFE INSURANCE COMPANY
Premiums$503K
Covered lives134
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | VELOCITY MEDTECH 401(K) PLAN | 401k | $6.2M | 200 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | MEDTECH 7 HOLDINGS, LLC DBA VELOCITY HEALTH AND WELFARE BENEFIT PLAN | Fully Insured | CIGNA HEALTH AND LIFE INSURANCE COMPANY | $503K | 134 | 2024 |
Retirement plans
Welfare plans