Almac Group, Inc.
Overview
Almac Group, Inc. sponsors a self-funded health plan that covered 2,173 participants in plan year 2024. The plan year starts in July. 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
- 2,173
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Almac Group, Inc. and Subsidiaries Employee Welfare Benefit Plan, plan 501 (2,173 participants)
- Broker compensation
- $164K 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, Short-term disability | 2,059 | $1.2M | $13K |
| Aetna Life Insurance Co. | Accident, Critical Illness and Hospital | 4,179 | $535K | $146K |
| The Lincoln National Life Insurance Company | Life | 2,059 | $413K | $4K |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 3,229 | $212K | — |
| Aetna Behavioral Health, LLC | Employee Assistance Program | 2,096 | $39K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,173 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
- Almac Group, Inc.
- Sponsor EIN
- 26-1549369
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 26-1549369 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Almac 401(k) Retirement Plan
- Type
- 401(k) plan
- Participants
- 2,654
About this data
Source: Almac Group, 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 Almac Group, Inc..