Aera Energy Services Company
Overview
Aera Energy Services Company sponsors a self-funded health plan that covered 978 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 978
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Aera Energy Services Company Employee Assistance Program, plan 506 (978 participants); Aera Energy Services Company Medical Benefits Plan, plan 501 (920 participants)
- Stop-loss carrier
- Berkshire Hathaway Specialty Insurance Company
- Broker compensation
- $165 across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Kaiser Permanente | Medical | 518 | $4.0M | — |
| Prudential Insurance Company of America | Life | 731 | $917K | — |
| Berkshire Hathaway Specialty Insurance Company | Stop-loss | 1,048 | $415K | — |
| Prudential | Long-term disability | 328 | $243K | $165 |
| Anthem Blue Cross Life and Health | Behavioral Health/eap | 1,654 | $36K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 978 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Aera Energy Services Company
- Sponsor EIN
- 77-0456453
- Plan numbers
- 506, 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 77-0456453 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Aera Energy Services Company Cash Balance Plan
- Type
- Pension plan
- Participants
- 1,537
About this data
Source: Aera Energy Services Company'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 Aera Energy Services Company.