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Sponsor portfolioWelfare / HealthEIN 38-3360868
MERCANTILE BANK OF MICHIGAN
310 LEONARD STREET NW · GRAND RAPIDS, MI 49504
6162427760
- Plans filed
- 1
- Years active
- 2015–2025
- Industry
- NAICS 52
- Latest filing
- 2025
Total premiums (latest)
$511K
No prior year
Persons covered
1,285
No prior year
Total participants
667
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 | $426K | 34.0% | |
| Life | $370K | 29.6% | |
| Long-term disability | $370K | 29.6% | |
| Vision | $86K | 6.9% |
Carrier overview
3 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 470322111 | LLTDOth | $370K | 72.4% | 1 | 1 | 663 |
EIN 430949844 | V | $86K | 16.8% | 1 | 1 | 1,285 |
EIN 570514130 | Oth | $55K | 10.8% | 1 | 1 | 101 |
Broker overview
4 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| ADVANTAGE BENEFITS GROUP | GRAND RAPIDS, MI | UNITED OF OMAHA LIFE INSURANCE COMPANY, CONTINENTAL AMERICAN INSURANCE COMPANY, FIDELITY SECURITY LIFE INSURANCE COMPANY | $44K | $21K | $65K | 82.6% | 1 |
| THE JAMES B OSWALD COMPANY | REMUS, MI | CONTINENTAL AMERICAN INSURANCE COMPANY | $8K | $0 | $8K | 10.4% | 1 |
| RONALD A DASHKOVITZ | LANSING, MI | CONTINENTAL AMERICAN INSURANCE COMPANY | $3K | $0 | $3K | 4.2% | 1 |
| MONTANA TOMPKINS | LANSING, MI | CONTINENTAL AMERICAN INSURANCE COMPANY | $2K | $0 | $2K | 2.7% | 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