A G Van Metre Services, Inc.

Fairfax, VA Business servicesNAICS 561490

Self-funded health planPlan year 2024Renews October
541ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#11 of 12Business services in VABy participants

Overview

A G Van Metre Services, Inc. sponsors a self-funded health plan that covered 541 participants in plan year 2024. The plan year starts in October. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
541
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Van Metre Companies Health and Welfare Plan, plan 502 (541 participants)
Broker compensation
$40K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disability

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyLife, Long-term disability551$245K$19K
Lincoln National Life Insurance CompanyShort-term disability101$81K$15K
Eyemed Vision Care, Fidelity Security Life Insurance CompanyVision362$50K$6K

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$1.3M/ year

Estimated prescription spend: 541 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$82K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$30K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
A G Van Metre Services, Inc.
Sponsor EIN
54-1564854
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 54-1564854 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
A.g. Van Metre Services, Inc. 401(k) Retirement Plan
Type
401(k) plan
Participants
837

About this data

Source: A G Van Metre Services, Inc.'s Form 5500 filing for plan year 2024 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with A G Van Metre Services, Inc..

Request a correction · Methodology