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Sponsor portfolio

DRAX BIOMASS INC.

EIN 99-0371042-Manufacturing-Latest filing 2025
Plans
2
Retirement
1
$35.2M assets
Welfare
1
$8.9M premiums
Participants
1,093
1500 NORTH 19TH, SUITE 501 - MONROE, LA 71201318-582-4300
Plans on this EIN
2 filings
#001401k-$35.2M - 590 part#501Fully Insured-$8.9M - 467 lives

Benefits portfolio analytics

1 plan / $8.9M premiums / 467 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$8.2M
  • Dental$8.2M
  • Prescription drug$8.2M
  • Other$705K
  • Life$577K
  • Short-term disability$577K
  • +2 more
Total $8.9M8 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
93%top
  • CIGNA HEALTH AND LIFE INSURANCE COMPANY93%
  • LIFE INSURANCE COMPANY OF NORTH AMERICA6%
  • VISION SERVICE PLAN1%
  • UNITEDHEALTHCARE INSURANCE COMPANY0%
Total $8.9M4 slices

Broker market share

Schedule A broker compensation

Single broker
100%top
  • WILLIS TOWERS WATSON US LLC100%
Total $495K1 slice

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

DRAX BIOMASS INC. 401(K) PLAN

401k

Assets$35.2M
Participants590
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

DRAX BIOMASS WELFARE BENEFIT PLAN

Fully Insured - CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES

Premiums$8.9M
Covered lives467
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001DRAX BIOMASS INC. 401(K) PLAN401k$35.2M5902025

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501DRAX BIOMASS WELFARE BENEFIT PLANFully InsuredCIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES$8.9M4672025
Retirement plans
Welfare plans
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