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Sponsor portfolioWelfare / HealthEIN 45-5361813
SOUTH SEA VENTURES LLC
d/b/a MIT45
12248 S LONE PEAK PKWY · DRAPER, UT 84020
8018565834
- Plans filed
- 1
- Years active
- 2024–2024
- Industry
- NAICS 42
- Latest filing
- 2024
Total premiums (latest)
$1.5M
No prior year
Persons covered
372
No prior year
Total participants
88
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 |
|---|---|---|---|
| Health | $1.3M | 41.9% | |
| Prescription drug | $1.3M | 41.9% | |
| Dental | $105K | 3.4% | |
| Vision | $105K | 3.4% | |
| Life | $75K | 2.4% | |
| Short-term disability | $75K | 2.4% | |
| Long-term disability | $75K | 2.4% | |
| Other | $75K | 2.4% |
Carrier overview
3 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 870200138 | HRx | $1.3M | 88.0% | 1 | 1 | 238 |
EIN 135581829 | DV | $105K | 7.0% | 1 | 1 | 372 |
EIN 420127290 | LSTDLTDOth | $75K | 5.0% | 1 | 1 | 155 |
Broker overview
4 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| IMA, INC. | SALT LAKE CITY, UT | REGENCE BLUECROSS BLUESHIELD OF UTAH | $66K | $7K | $73K | 86.5% | 1 |
| DIVERSIFIED INS BENEFITS SERVICES | SALT LAKE CITY, UT | PRINCIPAL LIFE INSURANCE COMPANY | $8K | $0 | $8K | 9.5% | 1 |
| DIVERSIFIED INS BENEFIT SERVICES | SALT LAKE CITY, UT | METROPOLITAN LIFE INSURANCE COMPANY | $2K | $0 | $2K | 2.5% | 1 |
| WATCHTOWER BENEFITS, LLC | CHICAGO, IL | PRINCIPAL LIFE INSURANCE COMPANY | $0 | $1K | $1K | 1.5% | 1 |
Policy details
Latest year, by plan