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Sponsor portfolioWelfare / HealthEIN 56-0750470

THE BUDD GROUP INC.

2325 S STRATFORD RD · WINSTON-SALEM, NC 27103
3367657690
Plans filed
1
Years active
2015–2025
Industry
NAICS 45
Latest filing
2025
Total premiums (latest)
$6.9M
No prior year
Persons covered
1,683
No prior year
Total participants
625
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #502$6.9M
SALARY REDUCTION PLAN OF THE BUDD GROUP
Fully insured1,683 covered·5 carriers
Primary: UNITEDHEALTHCARE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$6.4M30.9%
Dental$6.4M30.9%
Vision$6.4M30.9%
Other$480K2.3%
Life$355K1.7%
Short-term disability$355K1.7%
Long-term disability$355K1.7%

Carrier overview

5 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
UNITEDHEALTHCARE INSURANCE COMPANY
EIN 362739571
HDV
$6.4M93.1%111,683
USABLE LIFE
EIN 710505232
LSTDLTDOth
$355K5.1%11543
UNITED OF OMAHA LIFE INSURANCE COMPANY
EIN 470322111
Oth
$91K1.3%11221
RELIANCE STANDARD LIFE INSURANCE COMPANY
EIN 360883760
Oth
$27K0.4%1123
HARTFORD LIFE AND ACCIDENT
EIN 060838648
Oth
$6K0.1%11625

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MCGRIFF INSURANCE SERVICES INCCHARLOTTE, NCRELIANCE STANDARD LIFE INSURANCE COMPANY, UNITEDHEALTHCARE INSURANCE COMPANY, USABLE LIFE, HARTFORD LIFE AND ACCIDENT, UNITED OF OMAHA LIFE INSURANCE COMPANY$91K$2K$93K74.4%1
MOSAIC GROUP SERVICESDURHAM, NCUSABLE LIFE$19K$0$19K14.9%1
THE BENEFIT COMPANY INCCOLUMBIA, SCUNITEDHEALTHCARE INSURANCE COMPANY, UNITED OF OMAHA LIFE INSURANCE COMPANY$13K$0$13K10.7%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
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