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Sponsor portfolioWelfare / HealthEIN 22-3487984

SUMMIT MEDICAL GROUP, P.A.

1 DIAMOND HILL ROAD · BERKELEY HEIGHTS, NJ 07922
9082778967
Plans filed
2
Years active
2015–2024
Industry
NAICS 52
Latest filing
2024
Total premiums (latest)
$5.0M
No prior year
Persons covered
3,697
No prior year
Total participants
2,160
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$5.2M
SUMMIT MEDICAL GROUP, PA EMPLOYEES' BENEFIT TRUST
Mixed0 covered·5 carriers
Primary: STANDARD INSURANCE COMPANY
Plan #503$5.0M
SUMMIT MEDICAL GROUP HEALTH & WELFARE BENEFIT PLAN
Fully insured3,697 covered·4 carriers
Primary: PRUDENTIAL INSURANCE COMPANY OF AMERICA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Other$4.7M25.2%
Life$4.5M23.9%
Short-term disability$4.5M23.9%
Long-term disability$4.5M23.9%
Health$324K1.7%
Vision$230K1.2%
Dental$34K0.2%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
PRUDENTIAL INSURANCE COMPANY OF AMERICA
EIN 221211670
LSTDLTDOth
$4.5M88.3%112,462
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
HOth
$324K6.4%131,188
EYEMED VISION CARE
EIN 430949844
V
$230K4.6%113,697
ALPHA DENTAL PROGRAMS, INC.
EIN 742447512
D
$34K0.7%11243

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
SEDGWICK CLAIMS MANAGEMENT SERVICESMEMPHIS, TNPRUDENTIAL INSURANCE COMPANY OF AMERICA$0$280K$280K89.5%1
FIDELITY HEALTH INSURANCE SERV. LLCBOSTON, MAMETLIFE$33K$0$33K10.5%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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