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Sponsor portfolioWelfare / HealthEIN 82-1650902

CHOICE FINANCIAL GROUP, LLC

5544 GREENWICH RD. · VIRGINIA BEACH, VA 23462
7574165193
Plans filed
1
Years active
2024–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$1.1M
No prior year
Persons covered
419
No prior year
Total participants
288
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$1.1M
CHOICE FINANCIAL GROUP, LLC WELFARE BENEFIT PLAN
Fully insured419 covered·2 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$721K23.1%
Dental$400K12.8%
Vision$400K12.8%
Life$400K12.8%
Short-term disability$400K12.8%
Long-term disability$400K12.8%
Other$400K12.8%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
H
$721K64.3%11192
PRINCIPAL LIFE INSURANCE COMPANY
EIN 420127290
DVLSTDLTDOth
$400K35.7%11419

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
CHOICE FINANCIAL GROUP LLCVIRGINIA BEACH, VAPRINCIPAL LIFE INSURANCE COMPANY$21K$16K$36K88.2%1
ALLIANT INSURANCE SERVICES, INC.PORTLAND, ORPRINCIPAL LIFE INSURANCE COMPANY$5K$0$5K11.8%1

History & trajectory

2 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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