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Sponsor portfolioWelfare / HealthEIN 41-0691155

BERMO, INC.

4501 BALL ROAD NORTH EAST · CIRCLE PINES, MN 55014
7637867676
Plans filed
1
Years active
2015–2024
Industry
NAICS 33
Latest filing
2024
Total premiums (latest)
$171K
No prior year
Persons covered
91
No prior year
Total participants
76
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$171K
BERMO INC EMPLOYEE MEDICAL AND DENTAL BENEFIT PLAN
Mixed91 covered·2 carriers
Primary: THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Short-term disability$77K41.3%
Dental$71K37.9%
Life$28K15.0%
Long-term disability$11K5.8%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
EIN 350472300
DLSTDLTD
$110K64.4%1491
FORMULA BENEFITS
EIN 416315030
STD
$61K35.6%1189

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
USI INSURANCE SERVICES LLCBLOOMINGTON, MNTHE LINCOLN NATIONAL LIFE INSURANCE COMPANY$10K$3K$13K89.6%1
FORMULA BENEFITSEAGAN, MNFORMULA BENEFITS$0$1K$1K10.4%1

History & trajectory

10 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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