Holston Gases, Inc.

Knoxville, TN Professional servicesNAICS 541990

Self-funded health planPlan year 2024Renews September
854ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#9 of 11Professional services in TNBy participants

Overview

Holston Gases, Inc. sponsors a self-funded health plan that covered 854 participants in plan year 2024. The plan year starts in September. 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
854
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Holston Gases, Inc. Employee Benefits Plan, plan 502 (854 participants)
Broker compensation
$153K 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
Standard Insurance CompanyDental, Vision, Life, Short-term disability, Long-term disability854$601K$107K
Bankers Fidelity Life Insurance CompanyAccident, Critical Illness, Hospital, Ca304$157K$43K
Call a Doctor PlusTelehealth413$24K—

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 854 participants × $2,371 national average per member. Usually higher once dependents are counted.

$53K–$130K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$47K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 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
Holston Gases, Inc.
Sponsor EIN
62-0598088
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-0598088 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Holston Gases, Inc. 401k Profit Sharing Plan
Type
401(k) plan
Participants
549

About this data

Source: Holston Gases, 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 Holston Gases, Inc..

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