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Sponsor portfolioWelfare / HealthEIN 20-5747400
MERCHANTS BANCORP
410 MONON BOULEVARD · CARMEL, IN 46032
3178054308
- Plans filed
- 7
- Years active
- 2016–2025
- Industry
- NAICS 52
- Latest filing
- 2025
Total premiums (latest)
$1.2M
No prior year
Persons covered
1,337
No prior year
Total participants
743
No prior year
Plans filed
7
No prior year
Plans under this sponsor
7 plans
Plan #501$1.3M
MERCHANTS BANCORP GROUP HEALTH INSURANCE PLAN
Fully insured306 covered·1 carrier
Primary: ANTHEM INSURANCE COMPANIES, INC.
Plan #510$1.2M
MERCHANTS BANCORP WELFARE BENEFIT PLAN
Mixed1,337 covered·3 carriers
Primary: DELTA DENTAL OF INDIANA
Plan #505$845K
MERCHANTS BANCORP WELFARE BENEFIT PLAN
Fully insured1,188 covered·2 carriers
Primary: DELTA DENTAL OF INDIANA
Plan #502$127K
MERCHANTS BANCORP GROUP DENTAL AND VISION INSURANCE PLAN
Fully insured158 covered·2 carriers
Primary: HUMANADENTAL INSURANCE COMPANY
Plan #506$73K
MERCHANTS BANCORP GROUP HEALTH INSURANCE PLAN
Mixed1,133 covered·1 carrier
Primary: ANTHEM INSURANCE COMPANIES, INC.
Plan #504$20K
MERCHANTS BANCORP LONG-TERM DISABILITY PLAN INSURANCE PLAN
Fully insured165 covered·1 carrier
Primary: THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Plan #503$16K
MERCHANTS BANCORP GROUP LIFE INSURANCE PLAN
Fully insured165 covered·1 carrier
Primary: THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Dental | $594K | 41.9% | |
| Other | $308K | 21.7% | |
| Short-term disability | $209K | 14.7% | |
| Life | $131K | 9.3% | |
| Vision | $96K | 6.8% | |
| Long-term disability | $80K | 5.7% |
Carrier overview
3 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 351545647 | D | $594K | 49.2% | 1 | 1 | 1,337 |
EIN 350472300 | LSTDLTDOth | $517K | 42.8% | 1 | 7 | 735 |
EIN 350781558 | V | $96K | 8.0% | 1 | 1 | 1,282 |
Broker overview
2 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC | INDIANAPOLIS, IN | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY, DELTA DENTAL OF INDIANA, ANTHEM INSURANCE COMPANIES, INC. | $138K | $28K | $166K | 98.8% | 1 |
| CENTRO BENEFITS RESEARCH LLC | KIRKWOOD, MO | THE LINCOLN NATIONAL LIFE INSURANCE COMPANY | $0 | $2K | $2K | 1.2% | 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