Engineering Consulting Services, Ltd.

Chantilly, VA Professional servicesNAICS 541330

Self-funded health planPlan year 2024Renews May
1,738ParticipantsFirst year on file
$4.1MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#17 of 51Professional services in VABy participants

Overview

Engineering Consulting Services, Ltd. sponsors a self-funded health plan that covered 1,738 participants in plan year 2024. The plan year starts in May. 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
1,738
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Engineering Consulting Services, Ltd Employee Bene, plan 507 (1,738 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company
Broker compensation
$96K 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
Hartford Life and AccidentLife, Long-term disability2,398$1.8M$96K
Cigna Health and Life Insurance CompanyStop-loss262$2K$64

Pharmacy benefit estimate

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

$4.1M/ year

Estimated prescription spend: 1,738 participants × $2,371 national average per member. Usually higher once dependents are counted.

$107K–$264K/ year

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

Brands with a generic available$31K–$78K
Lower-cost therapeutic alternatives$46K–$96K
Generic pricing vs. actual cost$20K–$59K
PBM contract terms$10K–$31K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Engineering Consulting Services, Ltd.
Sponsor EIN
54-1439291
Plan number
507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 54-1439291 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Engineering Consulting Services, Ltd. 401(k) Retirement Plan
Type
401(k) plan
Participants
2,948

About this data

Source: Engineering Consulting Services, Ltd.'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 Engineering Consulting Services, Ltd..

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