Elevate Textiles, Inc.
Overview
Elevate Textiles, Inc. sponsors a self-funded health plan that covered 1,619 participants in plan year 2025, down 11% from the prior year. The plan year starts in January. 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
- 1,619 · prior year 1,825
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Elevate Textiles, Inc. Self-Funded Welfare Benefits Plan, plan 550 (1,619 participants)
- Broker compensation
- $178K 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 |
|---|---|---|---|---|
| Sun Life Assurance Company of Canada | Life, Short-term disability, Long-term disability, Accident, Critical Illness, Hospital Ind | 2,457 | $1.5M | $157K |
| Provident Life and Accident Insurance Company | Supplemental Disability, Life, Voluntary Benefits | 279 | $198K | $7K |
| Ameritas Life Insurance Company | Vision | 2,796 | $161K | $12K |
| Health Advocate Solutions, Inc. | Employee Assistance Program | 1,976 | $65K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,619 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 2025
- Plan sponsor
- Elevate Textiles, Inc.
- Sponsor EIN
- 33-0596831
- Plan number
- 550
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 33-0596831 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Elevate Textiles 401(k) Retirement Plan
- Type
- 401(k) plan
- Participants
- 3,030
About this data
Source: Elevate Textiles, Inc.'s Form 5500 filing for plan year 2025 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 Elevate Textiles, Inc..