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Sponsor portfolioWelfare / HealthEIN 22-3679851

KARES MANAGEMENT, INC.

535 ROUTE 38 EAST · CHERRY HILL, NJ 08002
8566684633
Plans filed
1
Years active
2016–2025
Industry
NAICS 56
Latest filing
2025
Total premiums (latest)
$1.6M
No prior year
Persons covered
219
No prior year
Total participants
152
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$1.6M
KARES MANAGEMENT, INC. HEALTH AND WELFARE BENEFITS PLAN
Fully insured219 covered·3 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$1.4M36.7%
Prescription drug$1.4M36.7%
Life$213K5.4%
Other$213K5.4%
Dental$200K5.1%
Vision$200K5.1%
Long-term disability$200K5.1%
Short-term disability$13K0.3%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
HRx
$1.4M87.1%11204
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA
EIN 135123390
DVLLTDOth
$200K12.1%11219
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 570144607
LSTDOth
$13K0.8%118

Broker overview

9 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
WORLD INSURANCE ASSOCIATES LLCISELIN, NJCIGNA HEALTH AND LIFE INSURANCE COMPANY$0$93K$93K52.8%1
KISTLER TIFFANY BENEFITSBERWYN, PAGUARDIAN LIFE INSURANCE COMPANY OF AMERICA, CIGNA HEALTH AND LIFE INSURANCE COMPANY, COLONIAL LIFE & ACCIDENT INSURANCE COMPANY$25K$47K$72K40.6%1
ENROLLEASEATLANTA, GAGUARDIAN LIFE INSURANCE COMPANY OF AMERICA, CIGNA HEALTH AND LIFE INSURANCE COMPANY$10K$0$10K5.8%1
TAYLOR LEIGH PERRIMOUNT LAUREL, NJCOLONIAL LIFE & ACCIDENT INSURANCE COMPANY$762$59$8210.5%1
LISA A PERRIMARLTON, NJCOLONIAL LIFE & ACCIDENT INSURANCE COMPANY$175$134$3090.2%1
MICHAEL J PERRIMALTON, NJCOLONIAL LIFE & ACCIDENT INSURANCE COMPANY$230$59$2890.2%1
LAUREN ASHLEY PERRIMARLTON, NJCOLONIAL LIFE & ACCIDENT INSURANCE COMPANY$214$68$2820.2%1
SPENCER BARRETTMOUNT LAUREL, NJCOLONIAL LIFE & ACCIDENT INSURANCE COMPANY$114$0$1140.1%1
CENTRO BENEFITS RESEARCH LLCKIRKWOOD, MOGUARDIAN LIFE INSURANCE COMPANY OF AMERICA-$282$0-$282-0.2%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
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