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Sponsor portfolioWelfare / HealthEIN 38-1891731

ALBAR INDUSTRIES, INC.

780 WHITNEY DR · LAPEER, MI 484462565
8106670150
Plans filed
2
Years active
2015–2025
Industry
NAICS 33
Latest filing
2025
Total premiums (latest)
$133K
No prior year
Persons covered
197
No prior year
Total participants
124
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$916K
ALBAR INDUSTRIES
Fully insured238 covered·4 carriers
Primary: MCLAREN HEALTH PLAN
Plan #507$133K
ALBAR INDUSTRIES WELFARE BENEFIT PLAN
Mixed197 covered·2 carriers
Primary: GUARDIAN

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Dental$122K24.4%
Life$122K24.4%
Long-term disability$122K24.4%
Other$122K24.4%
Vision$11K2.2%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA
EIN 135123390
DLLTDOth
$122K91.7%11135
FIDELITY SECURITY LIFE INSURANCE COMPANY
EIN 430949844
V
$11K8.3%11197

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
PM GROUP BENEFIT ADVISORS II, LLCAUBURN HILLS, MIGUARDIAN, FIDELITY SECURITY LIFE INSURANCE COMPANY$14K$0$14K66.7%1
JAMES R NELLIGAN & ASSOCIATES LLCBELMAR, NJGUARDIAN$6K$0$6K28.2%1
MICHIGAN PLANNERS, INC.TRAVERSE CITY, MIFIDELITY SECURITY LIFE INSURANCE COMPANY$1K$0$1K5.1%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
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