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Sponsor portfolioWelfare / HealthEIN 38-2032782
INDEPENDENT BANK CORPORATION
230 WEST MAIN STREET · IONIA, MI 48846
6165275820
- Plans filed
- 1
- Years active
- 2015–2025
- Industry
- NAICS 55
- Latest filing
- 2025
Total premiums (latest)
$676K
No prior year
Persons covered
840
No prior year
Total participants
840
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 |
|---|---|---|---|
| Other | $549K | 35.2% | |
| Life | $428K | 27.4% | |
| Long-term disability | $428K | 27.4% | |
| Vision | $98K | 6.3% | |
| Health | $29K | 1.8% | |
| Prescription drug | $29K | 1.8% |
Carrier overview
4 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 010278678 | LLTDOth | $526K | 77.8% | 1 | 2 | 716 |
EIN 061227840 | V | $98K | 14.5% | 1 | 1 | 590 |
EIN 731128555 | HRx | $29K | 4.3% | 1 | 1 | 7 |
EIN 383159338 | Oth | $23K | 3.4% | 1 | 1 | 840 |
Broker overview
2 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| LOCKTON COMPANIES, LLC | KANSAS CITY, MO | UNUM INSURANCE COMPANY, VISION SERVICE PLAN, UNUM LIFE INSURANCE COMPANY OF AMERICA, UNITED AMERICAN | $104K | $26K | $130K | 99.8% | 1 |
| PROFESSIONAL BENEFITS SERVICES | GRAND RAPIDS, MI | UNITED AMERICAN | $0 | $255 | $255 | 0.2% | 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