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Sponsor portfolioWelfare / HealthEIN 22-2255328

SCITEC INNOVATIONS, LLC

100 WALL STREET · PRINCETON, NJ 08540
6099213892
Plans filed
1
Years active
2022–2025
Industry
NAICS 54
Latest filing
2025
Total premiums (latest)
$7.8M
No prior year
Persons covered
935
No prior year
Total participants
478
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$7.8M
SCITEC INNOVATIONS, LLC HEALTH AND WELFARE PLAN
Mixed935 covered·2 carriers
Primary: HORIZON HEALTHCARE SERVICES, INC.

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$6.4M57.5%
Dental$824K7.4%
Vision$824K7.4%
Life$824K7.4%
Long-term disability$824K7.4%
Other$824K7.4%
Prescription drug$607K5.5%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
HORIZON HEALTHCARE SERVICES, INC.
EIN 220999690
HRx
$7.0M89.5%12426
PRINCIPAL LIFE INSURANCE COMPANY
EIN 420127290
DVLLTDOth
$824K10.5%11935

Broker overview

5 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
GALLAGHER BENEFIT SERVICES, INC.ROLLING MEADOWS, ILHORIZON HEALTHCARE SERVICES, INC.$113K$0$113K41.6%1
PRINCETON HR SOLUTIONS LLCMARLTON, NJHORIZON HEALTHCARE SERVICES, INC., PRINCIPAL LIFE INSURANCE COMPANY$85K$19K$104K38.5%1
SAVOY ASSOCIATESBERKELEY HEIGHTS, NJHORIZON HEALTHCARE SERVICES, INC.$26K$0$26K9.7%1
DONALD C SAVOY INCBERKELEY HEIGHTS, NJPRINCIPAL LIFE INSURANCE COMPANY$0$16K$16K5.8%1
MARTIN INSURANCE GROUPCRANBURY, NJPRINCIPAL LIFE INSURANCE COMPANY$0$12K$12K4.4%1

History & trajectory

4 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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