Environmental Air Systems, LLC

High Point, NC ManufacturingNAICS 333410

Self-funded health planPlan year 2024Renews July
1,416ParticipantsFirst year on file
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#36 of 85Manufacturing in NCBy participants

Overview

Environmental Air Systems, LLC sponsors a self-funded health plan that covered 1,416 participants in plan year 2024. The plan year starts in July. 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
1,416
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Environmental Air Systems, LLC Health & Welfare Benefits Plan, plan 510 (1,416 participants)
Broker compensation
$97K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability1,416$750K$89K
Community Eye CareVision1,254$79K$8K

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,416 participants × $2,371 national average per member. Usually higher once dependents are counted.

$87K–$215K/ year

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

Brands with a generic available$26K–$64K
Lower-cost therapeutic alternatives$37K–$78K
Generic pricing vs. actual cost$16K–$48K
PBM contract terms$8K–$25K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
Environmental Air Systems, LLC
Sponsor EIN
45-3564423
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 45-3564423 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Environmental Air Systems, 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 Environmental Air Systems, LLC.

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