Unbiased Insights

Employer

Hermetic Solutions Group, LLC

8 Neshaminy Interplex, Suite 221, Trevose, PA 19053 · EIN 47-4360541 · Jan 1, 2023 to Dec 31, 2023

Plan year 2023

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Renewal and disruption

Flags

Named parties added

  • + Broker - Gallagher Fiduciary Advisors, LLC

Carriers added

  • + Metropolitan Life Insurance Company

Carriers removed

  • The Lincoln National Life Insurance Company

Covered lives moved

  • 1168 vs 929 in 2022

Reported premium moved

  • Medical
  • Dental
  • Life

Comp % outside peer band

  • Medical 0.4% · below peers p10–p90 1.0%–14.7% (median 3.7%, n=639)
  • Life 0.0% · below peers p10–p90 2.5%–20.3% (median 10.5%, n=1019)

Peer band

1507 Lancaster groups · 250+ lives

No stop-loss on filing. Median overlay uses the same lives band. Missing Schedule A is a gap, not $0.

Series

06671.3k2.0k2020202120222023
This company1,168Peer median620