Ascend Performance Materials Holdings Inc.
Overview
Ascend Performance Materials Holdings Inc. sponsors a self-funded health plan that covered 2,692 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 2,692
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Ascend Performance Materials Holdings Inc. Welfare Benefits Plan, plan 501 (2,692 participants)
- Broker compensation
- $103K 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 |
|---|---|---|---|---|
| Minnesota Life Insurance Company | Accidental Death and Dismemberment, Life | 2,639 | $2.0M | $47K |
| Lincoln National Life Insurance Company | Long-term disability | 2,037 | $816K | $12K |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 3,980 | $389K | $34K |
| Pre-Paid Legal Services Inc. DBA Legalshield | Legal | 419 | $60K | $10K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,692 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
- Ascend Performance Materials Holdings Inc.
- Sponsor EIN
- 27-0219853
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 27-0219853 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Ascend Savings & Investment Plan
- Type
- 401(k) plan
- Participants
- 2,950
About this data
Source: Ascend Performance Materials Holdings 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 Ascend Performance Materials Holdings Inc..