Grand Isle Shipyard, LLC
Overview
Grand Isle Shipyard, LLC sponsors a self-funded health plan that covered 4,181 participants in plan year 2025, up 23% from 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
- 4,181 · prior year 3,401
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Grand Isle Shipyard, LLC Employee Benefit Plan & Trust, plan 506 (4,181 participants)
- Stop-loss carrier
- HM Life Insurance Company; Blue Cross Blue Shield of South Carolina
- Broker compensation
- $177K 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 | 1,712 | $1.2M | — |
| Delta Dental Insurance Company | Dental | 3,498 | $881K | $97K |
| Metropolitan Life Insurance Company | Life, Medical | 4,181 | $725K | $61K |
| Ameritas Life Insurance Corp. | Vision | 3,289 | $192K | $19K |
| Blue Cross Blue Shield of South Carolina | Medical, Stop-loss | 1,700 | $87 | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,181 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 2025
- Plan sponsor
- Grand Isle Shipyard, LLC
- Sponsor EIN
- 72-0393251
- Plan number
- 506
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 72-0393251 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- GIS Holdings, LLC Compensation Deferral Plan
- Type
- 401(k) plan
- Participants
- 4,608
About this data
Source: Grand Isle Shipyard, LLC'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 Grand Isle Shipyard, LLC.