D.h. Griffin Wrecking Company, Inc.

Greensboro, NC ConstructionNAICS 236200

Self-funded health planPlan year 2024Renews October
1,161ParticipantsFirst year on file
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#6 of 21Construction in NCBy participants

Overview

D.h. Griffin Wrecking Company, Inc. sponsors a self-funded health plan that covered 1,161 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
1,161
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
D.h. Griffin Wrecking Company, Inc. Welfare Benefits Plan, plan 510 (1,161 participants)
Broker compensation
$105K 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
Metropolitan Life Insurance CompanyVision, Life, Short-term disability, Long-term disability1,963$559K$80K
Provident Life and Accident Insurance CompanyLife, Short-term disability222$128K$18K
Unum Life Insurance Company of AmericaGciee, Grpaccvo239$71K$8K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,161 participants × $2,371 national average per member. Usually higher once dependents are counted.

$72K–$176K/ year

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

Brands with a generic available$21K–$52K
Lower-cost therapeutic alternatives$31K–$64K
Generic pricing vs. actual cost$13K–$40K
PBM contract terms$7K–$21K
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
D.h. Griffin Wrecking Company, Inc.
Sponsor EIN
56-0897274
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-0897274 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: D.h. Griffin Wrecking Company, 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 D.h. Griffin Wrecking Company, Inc..

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