Gene B. Glick Company, Inc.

Indianapolis, IN ConstructionNAICS 238900

Self-funded health planPlan year 2024Renews August
611ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#15 of 16Construction in INBy participants

Overview

Gene B. Glick Company, Inc. sponsors a self-funded health plan that covered 611 participants in plan year 2024. The plan year starts in August. 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
611
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Group Insurance Plan of Gene B. Glick Company, Inc., plan 501 (611 participants)
Broker compensation
$21K 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
Symetra Life Insurance CompanyLife, Short-term disability, Long-term disability611$431K$20K
United Healthcare Insurance CompanyVision524$63K—

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 611 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$93K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$16K–$34K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 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
Gene B. Glick Company, Inc.
Sponsor EIN
35-0924178
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-0924178 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gene B. Glick Company, Inc. Retirement Plan
Type
401(k) plan
Participants
929

About this data

Source: Gene B. Glick Company, Inc.'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 Gene B. Glick Company, Inc..

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