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Sponsor portfolioWelfare / HealthEIN 47-4070382

THE MICHAELS ORGANIZATION

TRIAD1828 CENTRE · CAMDEN, NJ 08101
8565960500
Plans filed
1
Years active
2020–2025
Industry
NAICS 53
Latest filing
2025
Total premiums (latest)
$6.3M
No prior year
Persons covered
3,870
No prior year
Total participants
2,020
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$6.3M
THE MICHAELS ORGANIZATION VOLUNTARY EMPLOYEE BENEFIT TRUST
Mixed3,870 covered·5 carriers
Primary: SUN LIFE ASSURANCE COMPANY OF CANADA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Stop-loss$3.5M25.5%
Other$2.6M18.7%
Life$2.4M17.3%
Dental$2.3M16.5%
Long-term disability$1.9M13.8%
Health$518K3.8%
Prescription drug$373K2.7%
Short-term disability$230K1.7%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
SUN LIFE ASSURANCE COMPANY OF CANADA
EIN 381082080
SL
$3.5M55.6%111,431
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
HDLSTDLTDOth
$2.4M38.2%163,870
HAWAII MEDICAL SERVICE ASSOCIATION
EIN 990040115
HRxDLOth
$373K5.9%1134
USABLE LIFE
EIN 710505232
STD
$14K0.2%1149

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
CONNER STRONG & BUCKELEWCAMDEN, NJMETROPOLITAN LIFE INSURANCE COMPANY, METLIFE LEGAL PLANS, SUN LIFE ASSURANCE COMPANY OF CANADA$398K$105K$503K93.5%1
C2 CENTRIC LLCGRAND RAPIDS, MISUN LIFE ASSURANCE COMPANY OF CANADA$0$35K$35K6.5%1

History & trajectory

5 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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