CCI Systems, Inc.

Iron Mountain, MI ConstructionNAICS 238900

Self-funded health planPlan year 2024Renews August
879ParticipantsFirst year on file
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#5 of 10Construction in MIBy participants

Overview

CCI Systems, Inc. sponsors a self-funded health plan that covered 879 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
879
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
CCI Systems, Inc. Health and Welfare Benefit Plan, plan 501 (879 participants)
Broker compensation
$103K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of MichiganDental912$335K$29K
Unum Life Insurance Company of AmericaLife, Short-term disability879$231K$35K
Blue Cross Blue Shield of MichiganVision869$35K$39K

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 879 participants × $2,371 national average per member. Usually higher once dependents are counted.

$54K–$134K/ year

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

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$23K–$48K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 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
CCI Systems, Inc.
Sponsor EIN
38-2356585
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-2356585 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
CCI Systems, Inc. Employee Stock Ownership Plan
Type
Defined contribution plan
Participants
1,167

About this data

Source: CCI Systems, Inc.'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 CCI Systems, Inc..

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