Engineered Floors, LLC

Dalton, GA ManufacturingNAICS 339900

Self-funded health planPlan year 2024Renews September
2,942ParticipantsFirst year on file
$7.0MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#13 of 82Manufacturing in GABy participants

Overview

Engineered Floors, LLC sponsors a self-funded health plan that covered 2,942 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
2,942
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Engineered Floors, LLC Health and Welfare Plan, plan 501 (2,942 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company
Broker compensation
$844K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance CompanyDental, Vision, Stop-loss, Accidental Injury4,658$3.7M$255K
Life Insurance Company of North AmericaLife, Long-term disability, Short-term disability2,942$2.9M$557K
Cigna Health and Life InsuranceVoluntary Critical Illness1,019$264K$28K
Metropolitan General Insurance CompanyLegal159$38K$4K
Hamilton Medical CenterEmployee Assistance Program200$5K—
New York Life Group Insurance Company of New YorkShort-term disability2,942$3K$88

Pharmacy benefit estimate

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

$7.0M/ year

Estimated prescription spend: 2,942 participants × $2,371 national average per member. Usually higher once dependents are counted.

$181K–$447K/ year

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

Brands with a generic available$53K–$133K
Lower-cost therapeutic alternatives$77K–$162K
Generic pricing vs. actual cost$33K–$100K
PBM contract terms$17K–$52K
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
Engineered Floors, LLC
Sponsor EIN
27-0593659
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-0593659 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Engineered Floors, LLC 401(k) Plan
Type
401(k) plan
Participants
4,906

About this data

Source: Engineered Floors, 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 Engineered Floors, LLC.

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