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Sponsor portfolioWelfare / HealthEIN 82-3123161

NVENT MANAGEMENT COMPANY

1665 UTICA AVE. · ST. LOUIS PARK, MN 55416
7632047700
Plans filed
2
Years active
2019–2024
Industry
NAICS 23
Latest filing
2024
Total premiums (latest)
$4.6M
No prior year
Persons covered
4,667
No prior year
Total participants
4,782
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #502$3.8M
NVENT MANAGEMENT COMPANY ACTIVE EMPLOYEE WELFARE PLAN
Mixed4,565 covered·6 carriers
Primary: LINCOLN NATIONAL LIFE INSURANCE COMPANY
Plan #501$743K
NVENT MANAGEMENT COMPANY RETIREE WELFARE BENEFIT PLAN
Fully insured102 covered·2 carriers
Primary: MEDICA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Life$1.8M38.5%
Long-term disability$1.1M24.5%
Health$743K16.3%
Other$677K14.9%
Vision$262K5.8%

Carrier overview

8 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
SECURIAN LIFE INSURANCE COMPANY
EIN 411412669
LOth
$2.2M49.3%153,814
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
EIN 350472300
LTD
$1.1M24.5%113,831
MEDICA INSURANCE COMPANY
EIN 411242261
H
$527K11.6%12102
EYEMED VISION CARE
EIN 430949844
V
$262K5.8%114,512
UCARE MINNESOTA
EIN 363573805
H
$216K4.7%1160
ARAG INSURANCE COMPANY
EIN 421338303
Oth
$112K2.5%11952
COMPSYCH
EIN 363739783
Oth
$56K1.2%114,565
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA
EIN 250687550
Oth
$20K0.4%123,877

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
AON CONSULTING INCNEW YORK, NYNATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA, SECURIAN LIFE INSURANCE COMPANY, LINCOLN NATIONAL LIFE INSURANCE COMPANY$3K$60K$63K50.6%1
CUSTOM BENEFIT PROGRAMS INCBOSTON, MASECURIAN LIFE INSURANCE COMPANY$53K$8K$61K49.4%1

History & trajectory

6 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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