Erie Construction Mid-West, LLC

Toledo, OH ConstructionNAICS 238900

Self-funded health planPlan year 2024Renews May
1,458ParticipantsFirst year on file
$3.5MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#7 of 21Construction in OHBy participants

Overview

Erie Construction Mid-West, LLC sponsors a self-funded health plan that covered 1,458 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
1,458
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Erie Construction Mid-West, LLC Wrap Benefit Plan, plan 501 (1,458 participants)
Broker compensation
$63K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of OhioDental1,291$348K$7K
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability829$341K$49K
Community Insurance CompanyVision1,084$67K$7K

Pharmacy benefit estimate

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

$3.5M/ year

Estimated prescription spend: 1,458 participants × $2,371 national average per member. Usually higher once dependents are counted.

$90K–$222K/ year

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

Brands with a generic available$26K–$66K
Lower-cost therapeutic alternatives$38K–$80K
Generic pricing vs. actual cost$17K–$50K
PBM contract terms$9K–$26K
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
Erie Construction Mid-West, LLC
Sponsor EIN
34-1712631
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1712631 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Erie Construction Mid-West, Inc. 401(k) Retirement Plan
Type
401(k) plan
Participants
1,141

About this data

Source: Erie Construction Mid-West, 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 Erie Construction Mid-West, LLC.

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