Central Management Company, L.l.c.

Winnfield, LA Health careNAICS 623000

Self-funded health planPlan year 2024Renews September
583ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#20 of 22Health care in LABy participants

Overview

Central Management Company, L.l.c. sponsors a self-funded health plan that covered 583 participants in plan year 2024. The plan year starts in September. 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
583
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Central Management Co., L.l.c. Employee Benefit Plan & Trust, plan 501 (583 participants)
Stop-loss carrier
Phoenix Excess Risk
Broker compensation
$162K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
CignaDental, Vision, Life, Short-term disability, Long-term disability583$1.4M$37K
Phoenix Excess RiskMedical, Prescription drug, Stop-loss583$546K$41K
Access HealthHealth Clinics583$257K$17K
AflacAccident, Critical, Hospital583$222K$22K
PPO PlusPPO583$81K$16K
Cincinnati LifeIndividual Products583$49K$5K
Healthcare HighwaysPPO583$47K$13K
Medical HelplinePre-Certification583$37K$10K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 583 participants × $2,371 national average per member. Usually higher once dependents are counted.

$36K–$89K/ year

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

Brands with a generic available$11K–$26K
Lower-cost therapeutic alternatives$15K–$32K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 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
Central Management Company, L.l.c.
Sponsor EIN
72-1494519
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 72-1494519 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Central Management Company, LLC 401k Plan
Type
401(k) plan
Participants
680

About this data

Source: Central Management Company, L.l.c.'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 Central Management Company, L.l.c..

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