Carrolton Facility Management, LLC

Rocky Mount, NC Real estateNAICS 531390

Self-funded health planPlan year 2024Renews October
535ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#4 of 4Real estate in NCBy participants

Overview

Carrolton Facility Management, LLC sponsors a self-funded health plan that covered 535 participants in plan year 2024. The plan year starts in October. 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
535
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Carrolton Facility Management, LLC Welfare Benefits Plan, plan 501 (535 participants)
Stop-loss carrier
Nationwide Life Insurance Company
Broker compensation
$75K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Principal Life Insurance CompanyDental, Vision, Life, Short-term disability, Long-term disability, PPO535$421K$75K
Nationwide Life Insurance CompanyStop-loss201$339K—

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 535 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$81K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Carrolton Facility Management, LLC
Sponsor EIN
85-2506807
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 85-2506807 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Carrolton Facility Management, LLC'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 Carrolton Facility Management, LLC.

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