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Sponsor portfolioWelfare / HealthEIN 81-4589293
MEDTECH 7 HOLDINGS, LLC DBA VELOCITY
11 JACKSON ROAD · TOTOWA, NJ 07512
3602824092
- Plans filed
- 1
- Years active
- 2024–2024
- Industry
- NAICS 33
- Latest filing
- 2024
Total premiums (latest)
$503K
No prior year
Persons covered
134
No prior year
Total participants
132
No prior year
Plans filed
1
No prior year
Plans under this sponsor
1 plan
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Health | $296K | 39.6% | |
| Dental | $122K | 16.4% | |
| Life | $93K | 12.4% | |
| Other | $93K | 12.4% | |
| Short-term disability | $64K | 8.6% | |
| Long-term disability | $41K | 5.5% | |
| Vision | $38K | 5.0% |
Carrier overview
5 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 591031071 | HD | $395K | 78.6% | 1 | 3 | 134 |
EIN 060838648 | LSTDLTDOth | $41K | 8.2% | 1 | 1 | 64 |
EIN 362739571 | LOth | $29K | 5.7% | 1 | 1 | 117 |
EIN 135123390 | DVLSTDOth | $23K | 4.5% | 1 | 1 | 116 |
EIN 237089668 | V | $15K | 3.0% | 1 | 1 | 117 |
Broker overview
3 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| PREMIER CONSULTING PARTNERS LLC | MELVILLE, NY | VISION SERVICE PLAN, UNITEDHEALTHCARE INSURANCE COMPANY, CIGNA HEALTH AND LIFE INSURANCE COMPANY, CIGNA DENTAL HEALTH OF NEW JERSEY, INC. | $76K | $0 | $76K | 62.2% | 1 |
| DONALD C SAVOY INC | BERKELEY HEIGHTS, NJ | GUARDIAN LIFE INSURANCE COMPANY OF AMERICA, HARTFORD LIFE AND ACCIDENT, UNITEDHEALTHCARE INSURANCE COMPANY, CIGNA HEALTH AND LIFE INSURANCE COMPANY, CIGNA DENTAL HEALTH OF NEW JERSEY, INC. | $10K | $36K | $46K | 37.8% | 1 |
| MARSH & MCLENNAN AGENCY LLC | NEW YORK, NY | HARTFORD LIFE AND ACCIDENT | $0 | -$1 | -$1 | -0.0% | 1 |
Policy details
Latest year, by plan