Apex Tool Group, LLC
Overview
Apex Tool Group, LLC sponsors a self-funded health plan that covered 1,215 participants in plan year 2025, down 23% 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
- 1,215 · prior year 1,569
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Apex Tool Group, LLC Health and Welfare Plan, plan 515 (1,215 participants)
- Broker compensation
- $83K 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, Short-term disability, Long-term disability | 1,333 | $866K | $44K |
| Metropolitan Life Insurance Company | Accident, Critical Illness, Hospital | 492 | $200K | $39K |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 1,475 | $126K | — |
| Mygroup | Employee Assistance Program | 1,558 | $31K | — |
| National Union Fire Insurance Company of Pittsburgh, PA | Business Travel Accident | 1,202 | $5K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,215 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
- Apex Tool Group, LLC
- Sponsor EIN
- 27-1996059
- Plan number
- 515
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 27-1996059 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Apex Tool Group, LLC 401(k) Savings Plan
- Type
- 401(k) plan
- Participants
- 1,800
About this data
Source: Apex Tool Group, LLC'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 Apex Tool Group, LLC.