Halff Associates Inc.

Richardson, TX Professional servicesNAICS 541330

Self-funded health planPlan year 2024Renews July
1,428ParticipantsFirst year on file
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#19 of 81Professional services in TXBy participants

Overview

Halff Associates Inc. sponsors a self-funded health plan that covered 1,428 participants in plan year 2024. The plan year starts in July. 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
1,428
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Halff Associates, Inc. Flexible Benefits Plan, plan 501 (1,428 participants)
Broker compensation
$260K 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
The Lincoln National Life Insurance CompanyLife, Long-term disability, Short-term disability1,391$1.2M$226K
Cigna Health and Life Insurance CompanyAccidental Injury, Critical Illness469$186K$23K
Cigna Health and Life Insurance Company and AffiliatesHospital Care540$86K$11K

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,428 participants × $2,371 national average per member. Usually higher once dependents are counted.

$88K–$217K/ year

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

Brands with a generic available$26K–$64K
Lower-cost therapeutic alternatives$38K–$79K
Generic pricing vs. actual cost$16K–$49K
PBM contract terms$8K–$25K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
Halff Associates Inc.
Sponsor EIN
75-1308699
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-1308699 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Halff Associates Inc. 401(k) Plan
Type
401(k) plan
Participants
2,114

About this data

Source: Halff Associates 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 Halff Associates Inc..

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