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Sponsor portfolioWelfare / HealthEIN 46-1549367

NEWTEAM LLC

20697 FENWAY AVENUE NORTH · FOREST LAKE, MN 55025
6514643900
Plans filed
2
Years active
2016–2025
Industry
NAICS 32
Latest filing
2025
Total premiums (latest)
$6.2M
No prior year
Persons covered
699
No prior year
Total participants
513
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$6.2M
NEWTEAM LLC HEALTH & WELFARE BENEFIT PLAN
Mixed699 covered·3 carriers
Primary: MEDICA INSURANCE COMPANY
Plan #502$297K
NEWTEAM LLC LIFE AND DISABILITY PLAN
Fully insured302 covered·1 carrier
Primary: STANDARD INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$5.8M43.6%
Prescription drug$5.8M43.6%
Life$419K3.1%
Short-term disability$419K3.1%
Long-term disability$419K3.1%
Other$419K3.1%
Vision$29K0.2%

Carrier overview

3 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
MEDICA INSURANCE COMPANY
EIN 411490988
HRx
$5.8M92.8%11699
UNITED OF OMAHA LIFE INSURANCE COMPANY
EIN 470322111
LSTDLTDOth
$419K6.7%11515
VISION SERVICE PLAN
EIN 061227840
V
$29K0.5%11280

Broker overview

4 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
HOLMES MURPHY & ASSOCIATESWAUKEE, IAMEDICA INSURANCE COMPANY, VISION SERVICE PLAN, UNITED OF OMAHA LIFE INSURANCE COMPANY$156K$11K$167K89.0%1
ADP, INC.BOSTON, MAUNITED OF OMAHA LIFE INSURANCE COMPANY$0$10K$10K5.3%1
AVANT SPECIALTY BENEFITS LLCKANSAS CITY, MOUNITED OF OMAHA LIFE INSURANCE COMPANY$0$8K$8K4.5%1
MARSH & MCLENNAN AGENCY LLCCONSHOHOCKEN, PAMEDICA INSURANCE COMPANY, VISION SERVICE PLAN$192$2K$2K1.2%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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