Clayco, Inc.

St. Louis, MO ConstructionNAICS 237310

Self-funded health planPlan year 2024Renews August
2,251ParticipantsFirst year on file
$5.3MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#5 of 8Construction in MOBy participants

Overview

Clayco, Inc. sponsors a self-funded health plan that covered 2,251 participants in plan year 2024. The plan year starts in August. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,251
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Clayco, Inc. Employee Benefit Plan, plan 501 (2,251 participants)
Broker compensation
$73K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyDental, Vision5,289$2.3M$41K
Standard Insurance CompanyLife, Long-term disability2,293$1.9M$26K
Zurich American Insurance CompanyBusiness Travel Accident2,251$14K$5K

Pharmacy benefit estimate

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

$5.3M/ year

Estimated prescription spend: 2,251 participants × $2,371 national average per member. Usually higher once dependents are counted.

$139K–$342K/ year

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

Brands with a generic available$41K–$101K
Lower-cost therapeutic alternatives$59K–$124K
Generic pricing vs. actual cost$26K–$77K
PBM contract terms$13K–$40K
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
Clayco, Inc.
Sponsor EIN
43-1339079
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 43-1339079 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Clayco, Inc. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
3,005

About this data

Source: Clayco, 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 Clayco, Inc..

Request a correction · Methodology