FBC Mortgage, LLC
Overview
FBC Mortgage, LLC sponsors a self-funded health plan that covered 695 participants in plan year 2024. The plan year starts in June. 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
- 695
- Plan year
- Begins June 1 · next renewal June 2027
- Health plans filed
- FBC Mortgage, LLC Welfare Benefits Plan, plan 504 (695 participants)
- Stop-loss carrier
- HM Life Insurance Company
- Broker compensation
- $138K 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 |
|---|---|---|---|---|
| HM Life Insurance Company | Stop-loss | 437 | $780K | — |
| United of Omaha Life Insurance Company | Long-term disability, Short Term Disability Voluntary, Life, Voluntary Life | 612 | $383K | $61K |
| UnitedHealthcare Insurance Company | Dental, Vision | 2,026 | $350K | $42K |
| Reliastar Life Insurance Company | Critical Care Illness, Hospital, Acciden | 266 | $120K | $29K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 695 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
- FBC Mortgage, LLC
- Sponsor EIN
- 20-3702275
- Plan number
- 504
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 20-3702275 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Acrisure Mortgage LLC 401(k) Profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 894
About this data
Source: FBC Mortgage, 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 FBC Mortgage, LLC.