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Sponsor portfolioWelfare / HealthEIN 57-0517596

SCHAEFFLER GROUP USA INC

308 SPRINGHILL FARM ROAD · FORT MILL, SC 29715
8035477950
Plans filed
1
Years active
2015–2024
Industry
NAICS 33
Latest filing
2024
Total premiums (latest)
$5.3M
No prior year
Persons covered
8,813
No prior year
Total participants
4,880
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #507$5.3M
SCHAEFFLER GROUP USA INC. GROUP WELFARE BENEFITS PLAN
Mixed8,813 covered·2 carriers
Primary: LINCOLN NATIONAL LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Life$3.1M59.1%
Long-term disability$989K18.7%
Other$717K13.6%
Vision$456K8.6%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
EIN 350472300
LLTDOth
$4.8M91.4%154,996
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
V
$456K8.6%118,813

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
GALLAGHER BENEFIT SERVICES, INC.HOUSTON, TXMETROPOLITAN LIFE INSURANCE COMPANY, LINCOLN NATIONAL LIFE INSURANCE COMPANY$28K$51K$78K87.5%1
MERCER HEALTH AND BENEFITS, LLCCHICAGO, ILMETROPOLITAN LIFE INSURANCE COMPANY, LINCOLN NATIONAL LIFE INSURANCE COMPANY$9K$2K$11K12.5%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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