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Sponsor portfolioWelfare / HealthEIN 34-1384033
FERRAGON CORPORATION
11103 MEMPHIS AVENUE · CLEVELAND, OH 44144
2166716161
- Plans filed
- 5
- Years active
- 2016–2024
- Industry
- NAICS 33
- Latest filing
- 2024
Total premiums (latest)
$1.9M
No prior year
Persons covered
754
No prior year
Total participants
126
No prior year
Plans filed
5
No prior year
Plans under this sponsor
5 plans
Plan #501$1.7M
FERRAGON CORPORATION COMPREHENSIVE MAJOR MEDICAL
Fully insured126 covered·1 carrier
Primary: MEDICAL MUTUAL OF OHIO
Plan #504$150K
FERRAGON CORPORATION LIFE AND AD&D PLAN
Fully insured314 covered·1 carrier
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #506$53K
FERRAGON CORPORATION GROUP DENTAL PLAN
Fully insured314 covered·1 carrier
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #502$28K
FERRAGON CORPORATION LONG TERM DISABILITY PLAN
Fully insured0 covered·1 carrier
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #503$24K
FERRAGON CORPORATION WEEKLY DISABILITY PLAN
Fully insured0 covered·1 carrier
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $1.7M | 41.8% | |
| Prescription drug | $1.7M | 41.8% | |
| Life | $150K | 3.8% | |
| Short-term disability | $150K | 3.8% | |
| Long-term disability | $150K | 3.8% | |
| Other | $150K | 3.8% | |
| Dental | $53K | 1.3% |
Carrier overview
2 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 340648820 | HRx | $1.7M | 89.2% | 1 | 1 | 126 |
EIN 135581829 | DLSTDLTDOth | $202K | 10.8% | 2 | 2 | 628 |
Broker overview
2 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES, INC. | CLEVELAND, OH | MEDICAL MUTUAL OF OHIO, METROPOLITAN LIFE INSURANCE COMPANY | $34K | $17K | $51K | 95.9% | 3 |
| THE JAMES B OSWALD COMPANY | CLEVELAND, OH | MEDICAL MUTUAL OF OHIO, METROPOLITAN LIFE INSURANCE COMPANY | $2K | $116 | $2K | 4.1% | 3 |
History & trajectory
9 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