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Sponsor portfolioWelfare / HealthEIN 41-0216169

DEERWOOD BANK

1060 DAKOTA DR. · MENDOTA HEIGHTS, MN 55120
2188258946
Plans filed
2
Years active
2018–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$2.2M
No prior year
Persons covered
280
No prior year
Total participants
130
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$2.2M
DEERWOOD BANK HEALTH AND WELFARE PLAN
Fully insured280 covered·4 carriers
Primary: BLUE CROSS BLUE SHIELD OF MINNESOTA
Plan #502$19K
DEERWOOD BANK VISION PLAN
Fully insured152 covered·1 carrier
Primary: VISION SERVICE PLAN

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$2.2M96.1%
Short-term disability$52K2.3%
Vision$23K1.0%
Other$13K0.6%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
BLUE CROSS OF CALIFORNIA
EIN 410984460
H
$2.2M96.1%11280
UNITED OF OMAHA LIFE INSURANCE COMPANY
EIN 470322111
STD
$52K2.3%11193
VISION SERVICE PLAN
EIN 061227840
V
$23K1.0%11178
FIRST STOP HEALTH
EIN 931693126
Oth
$13K0.6%11139

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MARSH & MCLENNAN AGENCY LLC—BLUE CROSS BLUE SHIELD OF MINNESOTA, UNITED OF OMAHA LIFE INSURANCE COMPANY$72K$3K$75K99.7%1
MBA INSURANCE & SERVICES, INC.EDEN PRAIRIE, MNVSP$231$0$2310.3%1

History & trajectory

8 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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