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Sponsor portfolioWelfare / HealthEIN 38-1990845
SUMMIT POLYMERS, INC.
6715 SOUTH SPRINKLE ROAD · PORTAGE, MI 49002
2693249330
- Plans filed
- 3
- Years active
- 2015–2025
- Industry
- NAICS 32
- Latest filing
- 2025
Total premiums (latest)
$1.8M
No prior year
Persons covered
2,001
No prior year
Total participants
1,645
No prior year
Plans filed
3
No prior year
Plans under this sponsor
3 plans
Plan #504$1.8M
SUMMIT POLYMERS, INC. EMPLOYEE BENEFIT PLAN
Mixed2,001 covered·3 carriers
Primary: METROPOLITAN LIFE INSURANCE COMPANY
Plan #501$992K
SUMMIT POLYMERS, INC. LOSS OF TIME, LIFE, ADD, LTD
Fully insured0 covered·1 carrier
Primary: LIFE INSURANCE COMPANY OF NORTH AMERICA
Plan #502$0
SUMMIT POLYMERS, INC. PARTICIPANT BENEFIT PLAN
Self-funded0 covered·0 carriers
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Life | $1.2M | 22.2% | |
| Short-term disability | $1.2M | 22.2% | |
| Long-term disability | $1.2M | 22.2% | |
| Other | $1.2M | 22.2% | |
| Dental | $502K | 9.4% | |
| Vision | $90K | 1.7% |
Carrier overview
2 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 430949844 | VLSTDLTDOth | $1.3M | 71.8% | 1 | 2 | 1,890 |
EIN 382069753 | D | $502K | 28.2% | 1 | 1 | 2,001 |
Broker overview
2 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| LOCKTON COMPANIES, LLC | DETROIT, MI | BLUE CROSS BLUE SHIELD OF MICHIGAN, NATIONAL VISION ADMINISTRATORS, L.L.C., METROPOLITAN LIFE INSURANCE COMPANY | $145K | $71K | $216K | 91.0% | 1 |
| ELAINE C. COFFMAN | BIRMINGHAM, MI | BLUE CROSS BLUE SHIELD OF MICHIGAN | $21K | $0 | $21K | 9.0% | 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