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Sponsor portfolioWelfare / HealthEIN 27-1175614

OVATIVE GROUP LLC

729 WASHINGTON AVENUE NORTH · MINNEAPOLIS, MN 55401
6128106173
Plans filed
5
Years active
2018–2025
Industry
NAICS 54
Latest filing
2025
Total premiums (latest)
$4.5M
No prior year
Persons covered
752
No prior year
Total participants
524
No prior year
Plans filed
5
No prior year

Plans under this sponsor

5 plans
Plan #510$4.5M
OVATIVE GROUP, LLC HEALTH & WELFARE PLAN
Mixed752 covered·3 carriers
Primary: MEDICA INSURANCE COMPANY
Plan #501$1.5M
OVATIVE GROUP HEALTH AND WELFARE PLAN (BCBS)
Fully insured365 covered·1 carrier
Primary: MEDICA INSURANCE COMPANY
Plan #503$186K
OVATIVE GROUP PRINCIPAL LIFE INSURANCE PLAN
Fully insured347 covered·1 carrier
Primary: PRINCIPAL LIFE INSURANCE COMPANY
Plan #502$158K
OVATIVE GROUP-DELTA DENTAL PLAN
Fully insured376 covered·1 carrier
Primary: DELTA DENTAL OF MINNESOTA
Plan #504$20K
OVATIVE GROUP VISION PLAN
Fully insured186 covered·1 carrier
Primary: VISION SERVICE PLAN

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$4.4M48.5%
Prescription drug$4.4M48.5%
Life$77K0.8%
Long-term disability$77K0.8%
Other$77K0.8%
Vision$34K0.4%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
MEDICA INSURANCE COMPANY
EIN 411490988
HRx
$4.4M97.5%11752
PRINCIPAL LIFE INSURANCE COMPANY
EIN 420127290
LLTDOth
$77K1.7%11569
VISION SERVICE PLAN
EIN 061227840
V
$34K0.8%11353

Broker overview

1 broker · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
USI INSURANCE SERVICES LLCVIRGINIA BEACH, VAPRINCIPAL LIFE INSURANCE COMPANY, VISION SERVICE PLAN, MEDICA INSURANCE COMPANY$17K$13K$30K100.0%1

History & trajectory

8 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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