AVO Multi-Amp Corporation
Overview
AVO Multi-Amp Corporation sponsors a self-funded health plan that covered 546 participants in plan year 2024. The plan year starts in August. 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
- 546
- Plan year
- Begins August 1 · next renewal August 2027
- Health plans filed
- AVO Multi-Amp Corporation Health and Welfare Plan, plan 510 (546 participants)
- Broker compensation
- $100K 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 |
|---|---|---|---|---|
| Dearborn Life Insurance Company | Vision, Life, Long-term disability | 546 | $448K | $65K |
| Delta Dental Insurance Company | Dental | 546 | $327K | $33K |
| MetLife Legal Plans | Legal | 47 | $12K | $2K |
| Prudential Insurance Company of America | Business Travel Accident | 391 | $1K | $142 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 546 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
- AVO Multi-Amp Corporation
- Sponsor EIN
- 75-1615916
- Plan number
- 510
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 75-1615916 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Megger Savings Plan
- Type
- 401(k) plan
- Participants
- 588
About this data
Source: AVO Multi-Amp Corporation'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 AVO Multi-Amp Corporation.