Georges Enterprises LLC

Elmwood, LA Wholesale tradeNAICS 424940

Self-funded health planPlan year 2024Renews February
1,212ParticipantsFirst year on file
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Feb 2027Next renewalPlan year begins February 1
#3 of 4Wholesale trade in LABy participants

Overview

Georges Enterprises LLC sponsors a self-funded health plan that covered 1,212 participants in plan year 2024. The plan year starts in February. 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
1,212
Plan year
Begins February 1 · next renewal February 2027
Health plans filed
Georges Enterprises LLC Employee Welfare Benefit Plan, plan 509 (1,212 participants)
Broker compensation
$245K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability1,077$726K$172K
Starmount Life Insurance CompanyDental761$306K$40K
Unum Insurance CompanyGRP Accident, Hospital ER PD387$87K$34K

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,212 participants × $2,371 national average per member. Usually higher once dependents are counted.

$75K–$184K/ year

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

Brands with a generic available$22K–$55K
Lower-cost therapeutic alternatives$32K–$67K
Generic pricing vs. actual cost$14K–$41K
PBM contract terms$7K–$22K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning February 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Georges Enterprises LLC
Sponsor EIN
35-2267243
Plan number
509
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-2267243 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Georges Enterprises 401(k) Plan
Type
401(k) plan
Participants
1,181

About this data

Source: Georges Enterprises 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 Georges Enterprises LLC.

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