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Sponsor portfolioWelfare / HealthEIN 27-3835632
MAGNIT GLOBAL SOLUTIONS, INC.
2365 IRON POINT ROAD · FOLSOM, CA 95630
5164373300
- Plans filed
- 1
- Years active
- 2015–2025
- Industry
- NAICS 56
- Latest filing
- 2025
Total premiums (latest)
$50.3M
No prior year
Persons covered
5,816
No prior year
Total participants
3,715
No prior year
Plans filed
1
No prior year
Plans under this sponsor
1 plan
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $47.6M | 31.9% | |
| Prescription drug | $47.6M | 31.9% | |
| Dental | $45.9M | 30.7% | |
| Other | $2.7M | 1.8% | |
| Life | $1.8M | 1.2% | |
| Short-term disability | $1.8M | 1.2% | |
| Long-term disability | $1.8M | 1.2% | |
| Vision | $53K | 0.0% |
Carrier overview
8 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 591031071 | HRxD | $45.9M | 91.2% | 1 | 1 | 5,816 |
EIN 042381280 | LSTDLTDOth | $2.2M | 4.3% | 1 | 4 | 2,514 |
EIN 941340523 | HRx | $1.7M | 3.4% | 1 | 1 | 273 |
EIN 953966486 | Oth | $344K | 0.7% | 1 | 1 | 425 |
EIN 421338303 | Oth | $164K | 0.3% | 1 | 1 | 1,298 |
EIN 430949844 | V | $53K | 0.1% | 1 | 1 | 5,721 |
EIN 250687550 | Oth | $8K | 0.0% | 1 | 1 | 3,585 |
| $0 | 0.0% | 1 | 1 | 0 |
Broker overview
1 broker · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| WORLD INSURANCE ASSOCIATES LLC | ALPHARETTA, GA | EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO., FIRST UNUM LIFE INSURANCE COMPANY, UNUM INSURANCE COMPANY, AIG PROPERTY CASUALTY, U.S., KAISER FOUNDATION HEALTH PLAN, INC. | $981K | $48K | $1.0M | 100.0% | 1 |
History & trajectory
11 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