Canal Barge LLC

New Orleans, LA Transportation & logisticsNAICS 483000

Self-funded health planPlan year 2025Renews January
906Participants0% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 14Transportation & logistics in LABy participants

Overview

Canal Barge LLC sponsors a self-funded health plan that covered 906 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
906 · prior year 906
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Canal Barge LLC Employees Welfare Plan, plan 501 (906 participants)
Broker compensation
$29K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Long-term disability906$907K$29K
Vision Service PlanVision720$73K—
Curalinc, LLCEmployee Assistance Program906$18K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 906 participants × $2,371 national average per member. Usually higher once dependents are counted.

$56K–$138K/ year

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

Brands with a generic available$16K–$41K
Lower-cost therapeutic alternatives$24K–$50K
Generic pricing vs. actual cost$10K–$31K
PBM contract terms$5K–$16K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Canal Barge LLC
Sponsor EIN
72-0145535
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 72-0145535 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Canal Barge LLC Employees' 401k Savings Plan
Type
401(k) plan
Participants
1,277

About this data

Source: Canal Barge 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 Canal Barge LLC.

Request a correction · Methodology