Bestco, LLC DBA SCN Bestco
Overview
Bestco, LLC DBA SCN Bestco sponsors a self-funded health plan that covered 719 participants in plan year 2024. The plan year starts in May. 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
- 719
- Plan year
- Begins May 1 · next renewal May 2027
- Health plans filed
- Bestco Health and Welfare Plan, plan 501 (719 participants)
- Broker compensation
- $52K 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 | Life, Short-term disability, Long-term disability | 1,212 | $905K | $43K |
| Delta Dental of North Carolina | Dental | 1,034 | $258K | — |
| Unum Insurance Company | Accident, Hospital | 372 | $61K | $8K |
| Community Eye Care | Vision | 841 | $53K | — |
| Allone Health | Employee Assistance Program | 1,212 | $6K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 719 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
- Bestco, LLC DBA SCN Bestco
- Sponsor EIN
- 22-1472824
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 22-1472824 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Bestco, LLC Profit Sharing Retirement Plan and Trust
- Type
- 401(k) plan
- Participants
- 872
About this data
Source: Bestco, LLC DBA SCN Bestco'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 Bestco, LLC DBA SCN Bestco.