Harvey Gulf International Marine

New Orleans, LA Transportation & logisticsNAICS 483000

Self-funded health planPlan year 2024Renews June
586ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#12 of 14Transportation & logistics in LABy participants

Overview

Harvey Gulf International Marine sponsors a self-funded health plan that covered 586 participants in plan year 2024. The plan year starts in June. 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
586
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Harvey Gulf International Marine LLC Health Plan, plan 501 (586 participants)
Broker compensation
$261K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
GuardianDental, Vision, Life, Short-term disability, Long-term disability586$1.7M$261K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 586 participants × $2,371 national average per member. Usually higher once dependents are counted.

$36K–$89K/ year

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

Brands with a generic available$11K–$26K
Lower-cost therapeutic alternatives$15K–$32K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Harvey Gulf International Marine
Sponsor EIN
72-0544472
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 72-0544472 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Harvey Gulf International Marine 401(k) Plan
Type
401(k) plan
Participants
810

About this data

Source: Harvey Gulf International Marine'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 Harvey Gulf International Marine.

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