Coverage Atlas

COMPANION LIFE INSURANCE COMPANY

Employer benefit carrier — DOL Form 5500 EFAST2

32 employer benefit plans across 26 employers

7,155
Persons covered
$539,400
Welfare premiums
$7,934,268
Claims paid
1470.9%
Loss ratio
Benefit types: health, life, ltd, std

Plan indicators

Plan counts, person totals, premium, and claims are AGGREGATED (Atlas Commons sums of DOL Form 5500 Schedule A published figures). Loss ratio = claims paid / premiums received × 100 (AGGREGATED). Carrier EIN and NAIC code are RECORDED (DOL verbatim).

Metric Value Warrant
Plans on DOL Form 5500 Schedule A 32 AGGREGATED
Distinct employer EINs 26 AGGREGATED
Persons covered (end-of-year) 7,155 AGGREGATED
Welfare premiums received $539,400 AGGREGATED
Welfare claims paid $7,934,268 AGGREGATED
Loss ratio (claims / premium) 1470.9% AGGREGATED
Benefit types health, life, ltd, std AGGREGATED
Carrier EIN 570523959 RECORDED
NAIC code 77828 RECORDED

Frequently asked questions

How many employer plans use COMPANION LIFE INSURANCE COMPANY as a carrier?
DOL Form 5500 EFAST2 records list COMPANION LIFE INSURANCE COMPANY (EIN 570523959) as the carrier on 32 employer welfare-benefit plan Schedule A filings, covering 26 distinct employer EINs and approximately 7,155 persons at end of year. Benefit types: health, life, ltd, std.
What benefit types does COMPANION LIFE INSURANCE COMPANY provide?
Based on DOL Form 5500 Schedule A filings, COMPANION LIFE INSURANCE COMPANY provides health, life, ltd, std benefit coverage across 32 employer plans. These benefit type labels are sourced verbatim from the employer filings (RECORDED from DOL EFAST2).
What is COMPANION LIFE INSURANCE COMPANY's employer-plan loss ratio?
Atlas Commons computes COMPANION LIFE INSURANCE COMPANY's employer-plan loss ratio as 1470.9% (total welfare claims paid / total welfare premiums received × 100) across all DOL Form 5500 Schedule A records. A ratio below 100% means the carrier paid less in claims than it received in premiums. This is an Atlas Commons computation — DOL does not publish a per-carrier loss ratio.

What this is — and isn't

All plan counts, person totals, and dollar amounts are AGGREGATED — Atlas Commons sums of DOL Form 5500 Schedule A published figures. The loss ratio is an Atlas Commons computation; DOL does not publish a per-carrier loss ratio. Many Schedule A records have blank premium/claims amounts, so dollar totals reflect only records with non-blank values.

This page is informational only. It answers "how many employer plans list this carrier on Form 5500?" — it is NOT a quality rating, a complaint study, a solvency indicator, or a recommendation. To verify a carrier's solvency and financial strength, consult the NAIC or your state's insurance department.

Source: DOL Form 5500 EFAST2 employer welfare-plan filings. CC0.

Structured facts: /coverage/benefit-carriers/570523959.jsonld