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Sponsor portfolioWelfare / HealthEIN 13-5679093
FRANCO MANUFACTURING CO., INC.
555 PROSPECT STREET · METUCHEN, NJ 08840
7324940500
- Plans filed
- 3
- Years active
- 2016–2025
- Industry
- NAICS 42
- Latest filing
- 2025
Total premiums (latest)
$2.0M
No prior year
Persons covered
177
No prior year
Total participants
177
No prior year
Plans filed
3
No prior year
Plans under this sponsor
3 plans
Plan #570$2.0M
FRANCO MANUFACTURING EMPLOYEE BENEFIT PLANS
Fully insured177 covered·6 carriers
Primary: BLUECHOICE HEALTHPLAN
Plan #580$54K
FRANCO MANUFACTURING EMPLOYEE DENTAL PLAN
Fully insured126 covered·2 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY
Plan #575$16K
FRANCO MANUFACTURING EMPLOYEE DISABILITY PLAN
Fully insured97 covered·1 carrier
Primary: GUARDIAN LIFE INSURANCE COMPANY
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $1.9M | 46.0% | |
| Prescription drug | $1.9M | 46.0% | |
| Life | $81K | 2.0% | |
| Long-term disability | $81K | 2.0% | |
| Other | $81K | 2.0% | |
| Dental | $76K | 1.9% | |
| Short-term disability | $8K | 0.2% |
Carrier overview
6 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 570768835 | HRx | $1.9M | 91.9% | 1 | 1 | 121 |
EIN 231503749 | LLTDOth | $81K | 4.0% | 1 | 1 | 177 |
EIN 591031071 | D | $60K | 3.0% | 1 | 1 | 63 |
EIN 420127290 | D | $16K | 0.8% | 1 | 1 | 64 |
EIN 135123390 | STD | $8K | 0.4% | 1 | 1 | 39 |
EIN 952371728 | $0 | 0.0% | 1 | 1 | 177 |
Broker overview
2 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| USI INSURANCE SERVICES LLC | VIRGINIA BEACH, VA | LIFE INSURANCE COMPANY OF NORTH AMERICA, PRINCIPAL LIFE INSURANCE COMPANY, CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES | $14K | $462 | $14K | 83.8% | 1 |
| ASSUREDPARTNERS | BLUE BELL, PA | PRINCIPAL LIFE INSURANCE COMPANY, THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA | $2K | $804 | $3K | 16.2% | 1 |
History & trajectory
10 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