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Sponsor portfolioWelfare / HealthEIN 41-2002686
NETSPI LLC
241 N 5TH AVE · MINNEAPOLIS, MN 55401
6512693812
- Plans filed
- 5
- Years active
- 2020–2025
- Industry
- NAICS 54
- Latest filing
- 2025
Total premiums (latest)
$5.4M
No prior year
Persons covered
687
No prior year
Total participants
455
No prior year
Plans filed
5
No prior year
Plans under this sponsor
5 plans
Plan #505$5.4M
NETSPI LLC WELFARE BENEFIT PLAN
Mixed687 covered·2 carriers
Primary: BLUE CROSS AND BLUE SHIELD OF MINNESOTA
Plan #501$1.8M
NETSPI LLC GROUP HEALTH PLAN
Fully insured356 covered·1 carrier
Primary: BLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS
Plan #503$21K
NETSPI LLC GROUP LIFE INSURANCE PLAN
Fully insured158 covered·1 carrier
Primary: RELIANCE STANDARD LIFE INSURANCE COMPANY
Plan #502$0
NETSPI LLC GROUP DENTAL PLAN
Self-funded0 covered·0 carriers
Plan #504$0
NETSPI LLC SHORT TERM DISABILITY PLAN
Self-funded0 covered·0 carriers
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $5.2M | 82.9% | |
| Vision | $266K | 4.3% | |
| Life | $266K | 4.3% | |
| Long-term disability | $266K | 4.3% | |
| Other | $266K | 4.3% |
Carrier overview
2 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 410984460 | H | $5.2M | 95.1% | 1 | 1 | 687 |
EIN 360883760 | VLLTDOth | $266K | 4.9% | 1 | 1 | 682 |
Broker overview
3 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| NFP INSURANCE SERVICES INC | PLYMOUTH, MN | BLUE CROSS AND BLUE SHIELD OF MINNESOTA, RELIANCE STANDARD LIFE INSURANCE COMPANY | $199K | $5K | $204K | 99.2% | 1 |
| WATCHTOWER TECHNOLOGIES INC | CHICAGO, IL | RELIANCE STANDARD LIFE INSURANCE COMPANY | $724 | $2K | $3K | 1.6% | 1 |
| FORESTER BENEFITS MANAGEMENT LLC | ALCOA, TN | RELIANCE STANDARD LIFE INSURANCE COMPANY | -$2K | $0 | -$2K | -0.8% | 1 |
History & trajectory
6 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