Eye Associates of New Mexico, Ltd
Overview
Eye Associates of New Mexico, Ltd sponsors a self-funded health plan that covered 621 participants in plan year 2024. The plan year starts in September. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 621
- Plan year
- Begins September 1 · next renewal September 2027
- Health plans filed
- Eye Associates of New Mexico, Ltd Health and Benefits Plan, plan 505 (621 participants)
- Broker compensation
- $80K 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 |
|---|---|---|---|---|
| Hartford Life and Accident | Life, Short-term disability, Long-term disability | 579 | $600K | $69K |
| Delta Dental of New Mexico | Dental | 845 | $316K | $10K |
| American Heritage Life Insurance Company | Life | 28 | $19K | $1K |
| Unum Life Insurance Company of America | Accident | 35 | $6K | $115 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 621 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 2024
- Plan sponsor
- Eye Associates of New Mexico, Ltd
- Sponsor EIN
- 85-0246856
- Plan number
- 505
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 85-0246856 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- 401(k) Profit-Sharing Plan for Employees of Eye Associates of New Mexico, Ltd.
- Type
- 401(k) plan
- Participants
- 806
About this data
Source: Eye Associates of New Mexico, 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 Eye Associates of New Mexico, Ltd.