Hensley and Company
Overview
Hensley and Company sponsors a self-funded health plan that covered 985 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 985
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Hensley and Company Employee Benefits Plan, plan 506 (985 participants)
- Broker compensation
- $115K 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 |
|---|---|---|---|---|
| Life Insurance Company of North America | Long-term disability, Accidental Death & Dismemberment, Life, Supplemental AD&D, Dependent AD&D | 1,347 | $450K | $25K |
| Continental American Insurance Company | Accident, Hospital Indemnity, Critical I | 407 | $194K | $87K |
| Evernorth Behavioral Health, Inc. | Employee Assistance Program | 2,993 | $28K | — |
| Fidelity Security Life Insurance Company | Vision | 995 | $27K | $2K |
| Metropolitan Property and Casualty Insurance COM. | Prepaid Legal Services | 39 | $14K | $1K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 985 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 2024
- Plan sponsor
- Hensley and Company
- Sponsor EIN
- 86-0255475
- Plan number
- 506
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 86-0255475 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Hensley & Company Profit Sharing Plan and Trust
- Type
- 401(k) plan
- Participants
- 1,780
About this data
Source: Hensley and Company'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 Hensley and Company.