Allegiance Benefit Plan Management, Inc.
Overview
Allegiance Benefit Plan Management, Inc. sponsors a self-funded health plan that covered 654 participants in plan year 2024. The plan year starts in September. Alongside medical, its benefits filing reports dental, vision.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 654
- Plan year
- Begins September 1 · next renewal September 2027
- Health plans filed
- Health Benefit Plan for the Employees of Allegiance Benefit Plan Management Inc., plan 501 (654 participants)
- Stop-loss carrier
- Sun Life Assurance Company of Canada
- Broker compensation
- $11K 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 |
|---|---|---|---|---|
| Sun Life Assurance Company of Canada | Medical, Prescription drug, Stop-loss | 590 | $1.3M | — |
| Symetra Life Insurance Company | Life, Short-term disability, Long-term disability | 590 | $352K | $11K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 654 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
- Allegiance Benefit Plan Management, Inc.
- Sponsor EIN
- 81-0400550
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 81-0400550 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Allegiance Benefit Plan Management, Inc. 401(k) Plan
- Type
- 401(k) plan
- Participants
- 787
About this data
Source: Allegiance Benefit Plan Management, 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 Allegiance Benefit Plan Management, Inc..