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Sponsor portfolioWelfare / HealthEIN 38-1215360
LAKE MICHIGAN CREDIT UNION
PO BOX 2848 · GRAND RAPIDS, MI 49501
6162429790
- Plans filed
- 1
- Years active
- 2015–2025
- Industry
- NAICS 52
- Latest filing
- 2025
Total premiums (latest)
$15.9M
No prior year
Persons covered
2,346
No prior year
Total participants
1,616
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 | $14.8M | 44.3% | |
| Prescription drug | $14.8M | 44.3% | |
| Life | $924K | 2.8% | |
| Short-term disability | $924K | 2.8% | |
| Long-term disability | $924K | 2.8% | |
| Other | $924K | 2.8% | |
| Vision | $146K | 0.4% |
Carrier overview
3 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 201529553 | HRx | $14.8M | 93.3% | 1 | 2 | 2,272 |
EIN 231503749 | LSTDLTDOth | $924K | 5.8% | 1 | 1 | 1,134 |
EIN 430949844 | V | $146K | 0.9% | 1 | 1 | 2,346 |
Broker overview
2 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| ROBERT L. HUGHES | GRAND RAPIDS, MI | PRIORITY HEALTH, PRIORITY HEALTH INSURANCE COMPANY | $296K | $0 | $296K | 72.8% | 1 |
| ADVANTAGE BENEFITS GROUP | GRAND RAPIDS, MI | LIFE INSURANCE COMPANY OF NORTH AMERICA, EYEMED VISION CARE ON BEHALF OF THE FIDELITY SECURITY LIFE INS. CO. | $89K | $22K | $111K | 27.2% | 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