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Sponsor portfolioWelfare / HealthEIN 59-2237280

OCEAN BANK

780 NW 42ND AVENUE · MIAMI, FL 331265597
3055695414
Plans filed
2
Years active
2016–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$10.4M
No prior year
Persons covered
692
No prior year
Total participants
688
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #502$10.4M
OCEAN BANK EMPLOYEE BENEFITS PLAN
Fully insured692 covered·11 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES
Plan #501$7.8M
OCEAN BANK EMPLOYEE BENEFITS PLAN
Fully insured991 covered·12 carriers
Primary: NEIGHBORHOOD HEALTH PARTNERSHIP

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Other$9.5M24.7%
Health$9.4M24.5%
Dental$9.4M24.2%
Vision$9.3M24.1%
Long-term disability$372K1.0%
Life$306K0.8%
Short-term disability$299K0.8%

Carrier overview

8 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
HDVOth
$9.4M89.7%13614
LIFE INSURANCE COMPANY OF NORTH AMERICA
EIN 231503749
LSTDLTDOth
$631K6.1%16692
PRINCIPAL LIFE INSURANCE COMPANY
EIN 420127290
LTD
$259K2.5%11231
ARMADACARE
EIN 473938530
HOth
$126K1.2%1111
AFLAC
EIN 822723296
Oth
$27K0.3%1240
FIDELITY SECURITY LIFE INSURANCE COMPANY
EIN 430949844
Oth
$19K0.2%1134
TRANSAMERICA LIFE INSURANCE COMPANY
EIN 390989781
Oth
$8K0.1%119
ARAG INSURANCE COMPANY
EIN 421338303
Oth
$6K0.1%1148

Broker overview

5 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
AON CONSULTING INCCHICAGO, ILLIFE INSURANCE COMPANY OF NORTH AMERICA, CIGNA DENTAL HEALTH OF FLORIDA, INC., FIDELITY SECURITY LIFE INSURANCE COMPANY, CIGNA DENTAL HEALTH OF NORTH CAROLINA, INC., CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES$41K$91K$131K65.5%1
HR RESOURCE PARTNERS LLCCHARLOTTE, NCPRINCIPAL LIFE INSURANCE COMPANY$39K$0$39K19.4%1
ESKRA & ASSOCIATES INCCORAL CABLES, FLPRINCIPAL LIFE INSURANCE COMPANY$25K$0$25K12.2%1
VARIOUS - SEE ATTACHEDCOLUMBIA, SCCONTINENTAL AMERICAN INSURANCE COMPANY, AFLAC$4K$44$4K2.2%1
LTC SOLUTIONS, INC.REDMOND, WATRANSAMERICA LIFE INSURANCE COMPANY$1K$0$1K0.6%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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