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Sponsor portfolioWelfare / HealthEIN 59-2740308

PROGRESS RAIL SERVICES CORPORATION

1600 PROGRESS DRIVE · ALBERTVILLE, AL 35950
2565056792
Plans filed
2
Years active
2015–2025
Industry
NAICS 33
Latest filing
2025
Total premiums (latest)
$8.5M
No prior year
Persons covered
4,458
No prior year
Total participants
4,137
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$8.5M
CATERPILLAR RAIL DIVISION WELFARE BENEFIT PLAN
Mixed4,458 covered·5 carriers
Primary: UNUM LIFE INSURANCE COMPANY OF AMERICA
Plan #505$0
CATERPILLAR RAIL DIVISION RETIREE WELFARE BENEFIT PLAN
Self-funded0 covered·0 carriers

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Other$7.9M28.7%
Life$6.3M23.0%
Short-term disability$6.3M23.0%
Long-term disability$6.3M23.0%
Vision$611K2.2%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
UNUM LIFE INSURANCE COMPANY OF AMERICA
EIN 010278678
LSTDLTDOth
$7.7M91.0%124,458
VISION SERVICE PLAN
EIN 061227840
V
$611K7.2%113,588
METROPOLITAN LIFE INSURANCE COMPANY
EIN 341650967
Oth
$146K1.7%11806
NEW DIRECTIONS BEHAVIORAL HEALTH
EIN 431698690
Oth
$5K0.1%11567

Broker overview

3 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
LOCKTON COMPANIES, LLCATLANTA, GAUNUM LIFE INSURANCE COMPANY OF AMERICA, UNUM INSURANCE COMPANY, METLIFE LEGAL PLANS, VISION SERVICE PLAN$861K$61K$923K64.7%1
IBENEFIT COMMUNICATION LLCCHARLOTTE, NCUNUM INSURANCE COMPANY$258K$22K$280K19.6%1
THE STARKE LIFE AGENCY INCMONTGOMERY, ALUNUM LIFE INSURANCE COMPANY OF AMERICA, UNUM INSURANCE COMPANY, METLIFE LEGAL PLANS, VISION SERVICE PLAN$225K$0$225K15.7%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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