Alamo Group USA, Inc.
Overview
Alamo Group USA, Inc. sponsors a self-funded health plan that covered 2,369 participants in plan year 2024. The plan year starts in August. 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
- 2,369
- Plan year
- Begins August 1 · next renewal August 2027
- Health plans filed
- Alamo Group Health & Welfare Plan, plan 506 (2,369 participants)
- Broker compensation
- $175K 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 |
|---|---|---|---|---|
| Reliance Standard Life Insurance Company | Life, Short-term disability, Long-term disability | 2,306 | $1.5M | $41K |
| Continental American Insurance Company | Accident, Critical Illness, Hospital | 699 | $407K | $134K |
| Metropolitan Life Insurance Company | Vision | 3,483 | $70K | — |
| Curalinc, LLC, D.b.a Curalinc Healthcare | Employee Assistance Program | 2,162 | $42K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,369 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
- Alamo Group USA, Inc.
- Sponsor EIN
- 74-2149829
- Plan number
- 506
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 74-2149829 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Alamo Group (USA) Inc. 401(k) Retirement and Savings Plan
- Type
- 401(k) plan
- Participants
- 3,371
About this data
Source: Alamo Group USA, 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 Alamo Group USA, Inc..