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Sponsor portfolioWelfare / HealthEIN 26-1155960

PALMER BUS FINANCIAL MANAGEMENT, INC.

2200 CARLSON DRIVE · NORTH MANKATO, MN 56002
5073860210
Plans filed
1
Years active
2024–2025
Industry
NAICS 11
Latest filing
2025
Total premiums (latest)
$797K
No prior year
Persons covered
731
No prior year
Total participants
120
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$797K
PALMER BUS SERVICE INC EMPLOYEE WELFARE BENEFIT PLAN
Fully insured731 covered·3 carriers
Primary: BLUE CROSS BLUE SHIELD OF MINNESOTA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$672K49.1%
Other$125K9.1%
Dental$114K8.3%
Vision$114K8.3%
Life$114K8.3%
Short-term disability$114K8.3%
Long-term disability$114K8.3%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
BLUE CROSS OF CALIFORNIA
EIN 410984460
H
$672K84.3%11731
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135558182
DVLSTDLTDOth
$114K14.3%11193
FIRST STOP HEALTH
EIN 931693126
Oth
$11K1.4%11111

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MMA—BLUE CROSS BLUE SHIELD OF MINNESOTA$17K$0$17K57.5%1
MARSH & MCLENNAN AGENCY LLCMINNEAPOLIS, MNMETROPOLITAN LIFE INSURANCE COMPANY$10K$1K$11K37.1%1
WATCHTOWER BENEFITS, LLCCHICAGO, ILMETROPOLITAN LIFE INSURANCE COMPANY$2K$0$2K5.4%1

History & trajectory

2 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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