Chaney Materials, LLC
Overview
Chaney Materials, LLC sponsors a self-funded health plan that covered 1,155 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
- 1,155
- Plan year
- Begins September 1 · next renewal September 2027
- Health plans filed
- Chaney Enterprises Flexible Benefits Plan, plan 502 (1,155 participants)
- Broker compensation
- $245K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Hartford Life and Accident | Life, Short-term disability, Long-term disability | 1,062 | $876K | $141K |
| The Guardian Life Insurance Company of America | Accident, Critical Illness and Hospital | 648 | $310K | $68K |
| Metropolitan Life Insurance Company | Vision | 786 | $72K | $4K |
| Massachusetts Mutual Life Insurance Company | Life | 97 | $58K | $33K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,155 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
- Chaney Materials, LLC
- Sponsor EIN
- 52-1702211
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 52-1702211 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Chaney Enterprises Companies 401(k) Profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 907
About this data
Source: Chaney Materials, 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 Chaney Materials, LLC.