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Sponsor portfolioWelfare / HealthEIN 06-1468078
UNDERWATER CONSTRUCTION CORP
110 PLAINS ROAD · ESSEX, CT 06426
8607678256
- Plans filed
- 3
- Years active
- 2023–2025
- Industry
- NAICS 23
- Latest filing
- 2025
Total premiums (latest)
$2.3M
No prior year
Persons covered
346
No prior year
Total participants
441
No prior year
Plans filed
3
No prior year
Plans under this sponsor
3 plans
Plan #503$2.2M
UNDERWATER CONSTRUCTION HEALTH AND WELFARE PLAN
Fully insured225 covered·1 carrier
Primary: UNITED HEALTHCARE INSURANCE COMPANY
Plan #502$31K
UNDERWATER CONSTRUCTION HEALTH AND WELFARE PLAN
Fully insured121 covered·1 carrier
Primary: UNUM LIFE INSURANCE COMPANY OF AMERICA
Plan #501$0
UNDERWATER CONSTRUCTION HEALTH AND WELFARE PLAN
Self-funded0 covered·0 carriers
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $2.2M | 97.3% | |
| Life | $31K | 1.4% | |
| Other | $31K | 1.4% |
Carrier overview
2 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 362739570 | H | $2.2M | 98.6% | 1 | 1 | 225 |
EIN 010278678 | LOth | $31K | 1.4% | 1 | 1 | 121 |
Broker overview
2 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| JOSEPH GRASSO | WALLINGFORD, CT | UNITED HEALTHCARE INSURANCE COMPANY | $123K | $0 | $123K | 98.2% | 1 |
| GRASSO ASSOCIATES LLC | HAMDEN, CT | UNUM LIFE INSURANCE COMPANY OF AMERICA | $2K | $0 | $2K | 1.8% | 1 |
History & trajectory
3 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.
Policy details
Latest year, by plan