Carpenter Co.
Overview
Carpenter Co. sponsors a self-funded health plan that covered 2,959 participants in plan year 2024. The plan year starts in April. 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
- 2,959
- Plan year
- Begins April 1 · next renewal April 2027
- Health plans filed
- Group Welfare Plan of Carpenter Co., plan 501 (2,959 participants)
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Anthem Life Insurance | Life, Long-term disability | 2,959 | $1.8M | — |
| Vision Service Plan | Vision | 2,456 | $50K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,959 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
- Carpenter Co.
- Sponsor EIN
- 54-0499731
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 54-0499731 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Carpenter Co. Employee Savings & Investment Plan
- Type
- 401(k) plan
- Participants
- 3,286
About this data
Source: Carpenter Co.'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 Carpenter Co..