Flatiron Construction Corp.

Broomfield, CO ConstructionNAICS 237310

Self-funded health planPlan year 2025Renews January
1,927Participants+1% vs. prior year
$4.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 13Construction in COBy participants

Overview

Flatiron Construction Corp. sponsors a self-funded health plan that covered 1,927 participants in plan year 2025, about the same as the prior year. The plan year starts in January. 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
1,927 · prior year 1,916
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Flatiron Construction Corp. Employee Health Benefit Plan, plan 502 (1,927 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company and Affiliates
Broker compensation
$2K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Aetna Life Insurance CompanyMedical, Prescription drug, Dental, Vision899$6.5M—
Cigna Health and Life Insurance Company and AffiliatesStop-loss2,762$2.5M—
Standard Insurance CompanyLife, Long-term disability1,393$898K—
Vision Service PlanVision1,209$210K—
Hartford Life and AccidentLife, Short-term disability441$97K$2K
Evernorth Care Solutions, Inc.Employee Assistance Program3,463$8K—

Pharmacy benefit estimate

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

$4.6M/ year

Estimated prescription spend: 1,927 participants × $2,371 national average per member. Usually higher once dependents are counted.

$119K–$293K/ year

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

Brands with a generic available$35K–$87K
Lower-cost therapeutic alternatives$51K–$106K
Generic pricing vs. actual cost$22K–$66K
PBM contract terms$11K–$34K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Flatiron Construction Corp.
Sponsor EIN
04-3147491
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-3147491 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Flatiron Construction Corp.'s Form 5500 filing for plan year 2025 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 Flatiron Construction Corp..

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