Anchor Packaging, LLC
Overview
Anchor Packaging, LLC sponsors a self-funded health plan that covered 714 participants in plan year 2024. 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
- 714
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Anchor Packaging, LLC Flexible Spending Plan, plan 507 (714 participants)
- Broker compensation
- $150K 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 |
|---|---|---|---|---|
| Unum Life Insurance Company of America | Long-term disability, Short-term disability, Life | 1,068 | $814K | $141K |
| Metropolitan Life Insurance Company | Vision | 1,268 | $94K | $9K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 714 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
- Anchor Packaging, LLC
- Sponsor EIN
- 83-2948988
- Plan number
- 507
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 83-2948988 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Anchor Packaging Employees' 401k Retirement Plan
- Type
- 401(k) plan
- Participants
- 1,054
About this data
Source: Anchor Packaging, LLC'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 Anchor Packaging, LLC.