Akrs Equipment Solutions
Overview
Akrs Equipment Solutions sponsors a self-funded health plan that covered 631 participants in plan year 2024. The plan year starts in December. 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
- 631
- Plan year
- Begins December 1 · next renewal December 2026
- Health plans filed
- Akrs Equipment Solutions Health Care Plan, plan 501 (631 participants)
- Broker compensation
- $143K 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 |
|---|---|---|---|---|
| The Lincoln National Life Insurance Company | Life, Short-term disability, Long-term disability | 621 | $514K | $82K |
| Standard Insurance Company | Dental, Vision | 916 | $465K | $51K |
| QBE Insurance | Transplant | 521 | $89K | $9K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 631 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
- Akrs Equipment Solutions
- Sponsor EIN
- 27-0619457
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 27-0619457 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Akrs Equipment Solutions Inc. 401k Plan
- Type
- 401(k) plan
- Participants
- 895
About this data
Source: Akrs Equipment Solutions'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 Akrs Equipment Solutions.