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Sponsor portfolioWelfare / HealthEIN 77-0309142

MAJESCO

412 MT. KEMBLE AVENUE · MORRISTOWN, NJ 07960
7323319920
Plans filed
1
Years active
2015–2025
Industry
NAICS 51
Latest filing
2025
Total premiums (latest)
$3.3M
No prior year
Persons covered
590
No prior year
Total participants
495
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #502$3.3M
MAJESCO WELFARE PLAN
Fully insured590 covered·7 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$2.2M51.3%
Dental$602K14.0%
Vision$602K14.0%
Other$329K7.6%
Prescription drug$195K4.5%
Life$179K4.1%
Long-term disability$123K2.9%
Short-term disability$68K1.6%

Carrier overview

5 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
HDVOth
$2.5M75.1%15590
RELIANCE STANDARD LIFE INSURANCE COMPANY
EIN 360883760
LSTDLTDOth
$379K11.4%15481
KAISER FOUNDATION HEALTH PLAN INC
EIN 941340523
H
$228K6.8%1138
UNIVERSITY HEALTH ALLIANCE
EIN 990263440
HRx
$195K5.8%1122
METROPOLITAN LIFE INSURANCE COMPANY
EIN 135581829
HOth
$29K0.9%15119

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
ALLIANT INSURANCE SERVICES, INC.AUSTIN, TXRELIANCE STANDARD LIFE INSURANCE COMPANY, CIGNA HEALTH AND LIFE INSURANCE COMPANY, METROPOLITAN LIFE INSURANCE COMPANY, METLIFE LEGAL PLANS, CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES$370K$31K$401K99.5%1
PLANSOURCE BENEFITS ADMINISTRATIONORLANDO, FLMETROPOLITAN LIFE INSURANCE COMPANY$2K$0$2K0.5%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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