Altec Industries, Inc.
Overview
Altec Industries, Inc. sponsors a self-funded health plan that covered 11,241 participants in plan year 2025, up 5% from the prior year. The plan year starts in January. 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
- 11,241 · prior year 10,685
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Altec Industries, Inc. Group Health and Wellness Plan, plan 507 (11,241 participants)
- Broker compensation
- $1.3M 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 |
|---|---|---|---|---|
| Hartford Life and Accident | Life, Long-term disability | 11,846 | $7.4M | — |
| Reliastar Life Insurance Company | — | 13,305 | $5.7M | $1.3M |
| Vision Service Plan | Vision | 9,395 | $1.3M | — |
| Delta Dental Insurance Company | Dental | 23,256 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 11,241 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 2025
- Plan sponsor
- Altec Industries, Inc.
- Sponsor EIN
- 63-0362926
- Plan number
- 507
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 63-0362926 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Altec, Inc. Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 13,044
About this data
Source: Altec Industries, Inc.'s Form 5500 filing for plan year 2025 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 Altec Industries, Inc..