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Sponsor portfolioWelfare / HealthEIN 86-1416912

PARALLEL AG

801 GRAND AVENUE, SUITE 3560 · DES MOINES, IA 50309
4054483162
Plans filed
1
Years active
2022–2025
Industry
NAICS 33
Latest filing
2025
Total premiums (latest)
$3.0M
No prior year
Persons covered
252
No prior year
Total participants
252
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #501$3.0M
PARALLEL AG GROUP HEALTH AND WELFARE BENEFIT PLAN
Fully insured252 covered·2 carriers
Primary: WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$2.6M49.2%
Dental$444K8.5%
Vision$444K8.5%
Life$444K8.5%
Short-term disability$444K8.5%
Long-term disability$444K8.5%
Other$444K8.5%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
BLUE CROSS OF CALIFORNIA
EIN 420318333
H
$2.6M85.3%11213
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA
EIN 135123390
DVLSTDLTDOth
$444K14.7%11252

Broker overview

1 broker · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
HOLMES MURPHY & ASSOCIATESWEST DES MOINES, IATHE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA$49K$0$49K100.0%1

History & trajectory

4 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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