Genesis Corporation
Overview
Genesis Corporation sponsors a self-funded health plan that covered 573 participants in plan year 2024. 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
- 573
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Genesis Health and Welfare Benefit Plan, plan 501 (573 participants)
- Stop-loss carrier
- HCC Life Insurance Company; Aetna Life Insurance Company
- Broker compensation
- $92K 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 |
|---|---|---|---|---|
| Principal Life Insurance Company | Dental, Vision, Life, PPO | 882 | $691K | $84K |
| HCC Life Insurance Company | Stop-loss | 439 | $194K | — |
| Northwestern Mutual | Long-term disability, Short-term disability | 201 | $68K | $8K |
| Aetna Life Insurance Company | Stop-loss | 439 | $7K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 573 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
- Genesis Corporation
- Sponsor EIN
- 13-4041496
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 13-4041496 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Genesis Corp. 401(k) Employees Savings Plan
- Type
- 401(k) plan
- Participants
- 1,856
About this data
Source: Genesis Corporation'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 Genesis Corporation.