Alex LEE, Inc.
Overview
Alex LEE, Inc. sponsors a self-funded health plan that covered 3,875 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
- 3,875
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Health Benefits Plan for Alex LEE, Inc. ET AL, plan 501 (3,875 participants)
- Broker compensation
- $1.8M 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 |
|---|---|---|---|---|
| Lincoln National Life Insurance Company | Long-term disability, Life, Short-term disability | 5,838 | $4.8M | $732K |
| Aetna Life Insurance Company | Vision, Dental | 6,468 | $3.3M | $302K |
| The Lincoln National Life Insurance Company | Critical Illness, Hospital Idemnity, Group Accident Insurance | 2,674 | $2.1M | $703K |
| Provident Life and Accident Insurance Company | Individual Disability Insurance | 115 | $406K | $66K |
| Metropolitan Life Insurance Company | Business Travel Accident Contract | 5,795 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 3,875 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
- Alex LEE, Inc.
- Sponsor EIN
- 56-1780605
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 56-1780605 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Alex LEE, Inc. and Affiliates Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 12,714
About this data
Source: Alex LEE, 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 Alex LEE, Inc..