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Sponsor portfolioWelfare / HealthEIN 77-0315369

CORTEC PRECISION SHEETMETAL INC.

2231 WILL WOOL DRIVE · SAN JOSE, CA 95112
5129272909
Plans filed
2
Years active
2015–2025
Industry
NAICS 33
Latest filing
2025
Total premiums (latest)
$4.2M
No prior year
Persons covered
498
No prior year
Total participants
491
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$4.0M
CORTEC PRECISION SHEETMETAL INC. WELFARE BENEFITS PLAN
Fully insured298 covered·3 carriers
Primary: KAISER FOUNDATION HEALTH PLAN, INC.
Plan #502$216K
CORTEC PRECISION SHEETMETAL INC. WELFARE BENEFITS PLAN
Mixed200 covered·1 carrier
Primary: PRINCIPAL LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$3.7M41.2%
Prescription drug$3.7M41.2%
Dental$478K5.3%
Life$234K2.6%
Other$234K2.6%
Vision$216K2.4%
Short-term disability$216K2.4%
Long-term disability$216K2.4%

Carrier overview

4 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
KAISER FOUNDATION HEALTH PLAN INC
EIN 941340523
HRx
$3.7M88.2%11298
DELTA DENTAL OF CALIFORNIA
EIN 941461312
D
$262K6.2%11296
PRINCIPAL LIFE INSURANCE COMPANY
EIN 420127290
DVLSTDLTDOth
$216K5.1%11200
SUN LIFE ASSURANCE COMPANY OF CANADA
EIN 381082080
LOth
$18K0.4%11205

Broker overview

6 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
GLASS & ASSOCIATES FINANCIAL & INS.SARATOGA, CAKAISER FOUNDATION HEALTH PLAN, INC.$111K$0$111K40.7%1
RSC INSURANCE BROKERAGE INCROSEVILLE, CAKAISER FOUNDATION HEALTH PLAN, INC., PRINCIPAL LIFE INSURANCE COMPANY$96K$0$96K35.1%2
N-GAGE LLCSUAMICO, WIPRINCIPAL LIFE INSURANCE COMPANY$29K$0$29K10.8%1
E A MILES INSURANCE SERVICES, INC.SAN JOSE, CADELTA DENTAL OF CALILFORNIA$26K$0$26K9.6%1
WORKSITE X LLCWILDWOOD, MOPRINCIPAL LIFE INSURANCE COMPANY$9K$0$9K3.2%1
JAMES FREDERICK GLASSSAN JOSE, CASUN LIFE ASSURANCE COMPANY OF CANADA$2K$0$2K0.6%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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