Hartz Mountain Industries, Inc.

Secaucus, NJ Real estateNAICS 531120

Self-funded health planPlan year 2024Renews July
515ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#6 of 6Real estate in NJBy participants

Overview

Hartz Mountain Industries, Inc. sponsors a self-funded health plan that covered 515 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
515
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Health and Welfare Benefit Plan, plan 501 (515 participants)
Stop-loss carrier
Aetna Life Insurance Co.
Broker compensation
$2.2M across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Aetna Life Insurance Co.Dental, Stop-loss370$1.3M$63K
Life Insurance Company of North AmericaAD&D, Voluntary AD&D, Life, Long-term disability484$201K$4K
Delta Dental of New Jersey, Inc.Dental219$122K$4K
New York Life Group Insurance Company of New YorkFamily Leave Insurance466$122K$3K
Vision Service PlanVision256$28K$2K
Carelon RXPrescription drug413—$2.1M

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 515 participants × $2,371 national average per member. Usually higher once dependents are counted.

$32K–$78K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$14K–$28K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
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
Hartz Mountain Industries, Inc.
Sponsor EIN
13-2670903
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-2670903 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Hartz Mountain Industries, 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 Hartz Mountain Industries, Inc..

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