Armstrong Relocation & Companies, LLC

Memphis, TN Transportation & logisticsNAICS 493100

Self-funded health planPlan year 2024Renews November
930ParticipantsFirst year on file
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#10 of 15Transportation & logistics in TNBy participants

Overview

Armstrong Relocation & Companies, LLC sponsors a self-funded health plan that covered 930 participants in plan year 2024. The plan year starts in November. 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
930
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
Armstrong Relocation Companies Welfare Benefits Plan, plan 501 (930 participants)
Broker compensation
$295K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyDental, Vision, Life, Lifesyle Life; Lifestyle Accidental Deat, Long-term disability, Accident & Critical Illness, Accident854$1.3M$274K
Life Insurance Company of North AmericaShort-term disability349$95K$21K

Pharmacy benefit estimate

StreamRX estimate for a plan this size. Not based on this plan's claims.

$2.2M/ year

Estimated prescription spend: 930 participants × $2,371 national average per member. Usually higher once dependents are counted.

$57K–$141K/ year

Typical savings opportunity found in independent reviews of plans this size.

Brands with a generic available$17K–$42K
Lower-cost therapeutic alternatives$24K–$51K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Armstrong Relocation & Companies, LLC
Sponsor EIN
84-3131690
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-3131690 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Armstrong Relocation & Companies, LLC 401(k) Plan
Type
401(k) plan
Participants
1,186

About this data

Source: Armstrong Relocation & Companies, 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 Armstrong Relocation & Companies, LLC.

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