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Sponsor portfolioWelfare / HealthEIN 20-0519095

ALTEK ELECTRONICS, INC.

d/b/a ALTEK COMPANY
89 COMMERCIAL BOULEVARD · TORRINGTON, CT 06790
8604963295
Plans filed
4
Years active
2016–2025
Industry
NAICS 33
Latest filing
2025
Total premiums (latest)
$1.7M
No prior year
Persons covered
214
No prior year
Total participants
190
No prior year
Plans filed
4
No prior year

Plans under this sponsor

4 plans
Plan #504$1.7M
ALTEK ELECTRONICS INC, HEALTH AND WELFARE PLAN
Fully insured214 covered·4 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY
Plan #502$1.2M
MEDICAL AND RX
Fully insured156 covered·1 carrier
Primary: CONNECTICARE, INC.
Plan #503$68K
ALTEK DENTAL PLAN
Fully insured172 covered·1 carrier
Primary: DELTA DENTAL OF CONNECTICUT, INC.
Plan #501$48K
GROUP LIFE AND ADD
Fully insured159 covered·1 carrier
Primary: STANDARD INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$1.5M46.7%
Prescription drug$1.5M46.7%
Dental$92K2.9%
Other$71K2.2%
Life$41K1.3%
Vision$7K0.2%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
HRx
$1.5M89.8%11150
DELTA DENTAL OF CALIFORNIA
EIN 812414649
D
$92K5.5%11195
STANDARD INSURANCE COMPANY
EIN 930242990
LOth
$71K4.3%12189
UNITEDHEALTHCARE INSURANCE COMPANY
EIN 362739571
V
$7K0.4%11214

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
USI INSURANCE SERVICES LLCVIRGINIA BEACH, VASTANDARD INSURANCE COMPANY, UNITEDHEALTHCARE INSURANCE COMPANY, CIGNA HEALTH AND LIFE INSURANCE COMPANY$9K$47K$57K79.1%1
LOCKTON COMPANIES, LLCBOSTON, MACIGNA HEALTH AND LIFE INSURANCE COMPANY$0$15K$15K20.4%1
PROGRESSIVE BENEFIT SOLUTIONS LLCBRANFORD, CTUNITEDHEALTHCARE INSURANCE COMPANY$354$0$3540.5%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
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