Hotel Equities, LLC

Alpharetta, GA Real estateNAICS 531120

Self-funded health planPlan year 2024Renews April
1,994ParticipantsFirst year on file
$4.7MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#3 of 12Real estate in GABy participants

Overview

Hotel Equities, LLC sponsors a self-funded health plan that covered 1,994 participants in plan year 2024. The plan year starts in April. 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
1,994
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Hotel Equities, LLC Employee Benefits Plan, plan 501 (1,994 participants)
Broker compensation
$220K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability999$907K$116K
Starmount Life Insurance CompanyDental, Vision1,639$796K$93K
Unum Insurance CompanyAccident197$40K$10K

Pharmacy benefit estimate

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

$4.7M/ year

Estimated prescription spend: 1,994 participants × $2,371 national average per member. Usually higher once dependents are counted.

$123K–$303K/ year

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

Brands with a generic available$36K–$90K
Lower-cost therapeutic alternatives$52K–$110K
Generic pricing vs. actual cost$23K–$68K
PBM contract terms$12K–$35K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Hotel Equities, LLC
Sponsor EIN
73-1718961
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 73-1718961 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Hotel Equities Group, LLC 401(k) Plan
Type
401(k) plan
Participants
5,786

About this data

Source: Hotel Equities, LLC'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 Hotel Equities, LLC.

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