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Sponsor portfolioTH

VERICEL CORPORATION

EIN 94-3096597-biotechnology-Latest filing 2024
Plans
2
Retirement
1
$47.9M assets
Welfare
1
$6.5M premiums
Participants
831
64 SIDNEY STREET - CAMBRIDGE, MA 02139617-588-5555vcel.comLinkedIn201-500 employeesbiotechnology
Plans on this EIN
2 filings
#001401k-$47.9M - 468 part#501Fully Insured-$6.5M - 766 lives

Benefits portfolio analytics

1 plan / $6.5M premiums / 766 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$5.6M
  • Prescription drug$5.6M
  • Other$443K
  • Life$429K
  • Short-term disability$429K
  • Long-term disability$429K
  • +2 more
Total $6.5M8 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
86%top
  • BLUE CROSS OF CALIFORNIA86%
  • METROPOLITAN LIFE INSURANCE COMPANY7%
  • DELTA DENTAL OF CALIFORNIA5%
  • BLUE CARE NETWORK OF MICHIGAN1%
  • VISION SERVICE PLAN1%
Total $6.5M5 slices

Broker market share

Schedule A broker compensation

Split broker
71%top
  • ELIZABETH MADZIAR71%
  • KAPNICK & COMPANY, INC.17%
  • CENTRO BENEFITS RESEARCH LLC9%
  • MICHIGAN CHAMBER SERVICES, INC.4%
Total $242K4 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

VERICEL CORPORATION 401(K) PLAN

401k

Assets$47.9M
Participants468
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

VERICEL CORPORATION WELFARE BENEFIT PLAN

Fully Insured - BLUE CROSS BLUE SHIELD OF MICHIGAN

Premiums$6.5M
Covered lives766
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001VERICEL CORPORATION 401(K) PLAN401k$47.9M4682024

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501VERICEL CORPORATION WELFARE BENEFIT PLANFully InsuredBLUE CROSS BLUE SHIELD OF MICHIGAN$6.5M7662024
Retirement plans
Welfare plans
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