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Sponsor portfolioWelfare / HealthEIN 42-1089098
PRECISION, INC.
300 SE 14TH ST. · PELLA, IA 50219
6416283115
- Plans filed
- 5
- Years active
- 2015–2025
- Industry
- NAICS 33
- Latest filing
- 2025
Total premiums (latest)
$673K
No prior year
Persons covered
1,343
No prior year
Total participants
966
No prior year
Plans filed
5
No prior year
Plans under this sponsor
5 plans
Plan #510$10.9M
PRECISION, INC. HEALTH CARE PLAN
Mixed754 covered·2 carriers
Primary: WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA
Plan #541$673K
PRECISION, INC. HEALTH AND WELFARE BENEFITS PLAN
Mixed1,343 covered·3 carriers
Primary: LINCOLN NATIONAL LIFE INSURANCE COMPANY
Plan #503$272K
PRECISION, INC. LIFE AND AD&D INSURANCE PLAN
Mixed911 covered·1 carrier
Primary: RELIANCE STANDARD LIFE INSURANCE COMPANY
Plan #515$57K
PRECISION, INC. VISION PLAN
Fully insured693 covered·1 carrier
Primary: FIDELITY SECURITY LIFE INSURANCE COMPANY
Plan #002$0
PRECISION, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST
Self-funded0 covered·0 carriers
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Other | $440K | 39.5% | |
| Life | $326K | 29.3% | |
| Vision | $133K | 11.9% | |
| Health | $114K | 10.2% | |
| Long-term disability | $100K | 9.0% |
Carrier overview
3 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 350472300 | LLTDOth | $427K | 63.4% | 1 | 2 | 957 |
EIN 430949844 | V | $133K | 19.7% | 1 | 1 | 1,343 |
EIN 135581829 | HOth | $114K | 16.9% | 1 | 2 | 235 |
Broker overview
3 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| ASSUREDPARTNERS | WEST DES MOINES, IA | LINCOLN NATIONAL LIFE INSURANCE COMPANY, METROPOLITAN LIFE INSURANCE COMPANY, FIDELITY SECURITY LIFE INSURANCE COMPANY | $74K | $938 | $75K | 74.2% | 1 |
| BHERD | DES MOINES, IA | LINCOLN NATIONAL LIFE INSURANCE COMPANY, METROPOLITAN LIFE INSURANCE COMPANY | $5K | $21K | $26K | 25.6% | 1 |
| PLANSOURCE BENEFITS ADMINISTRATION | ORLANDO, FL | METROPOLITAN LIFE INSURANCE COMPANY | $212 | $0 | $212 | 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