Indel Services, LLC

Rancocas, NJ ManufacturingNAICS 333200

Self-funded health planPlan year 2024Renews June
782ParticipantsFirst year on file
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#66 of 76Manufacturing in NJBy participants

Overview

Indel Services, LLC sponsors a self-funded health plan that covered 782 participants in plan year 2024. The plan year starts in June. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
782
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Indel Group Insurance Trust Health Plan, plan 501 (782 participants)
Stop-loss carrier
Gerber Life Insurance Company
Broker compensation
$7K across insured contracts
MedicalLife insuranceDentalVisionLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
America United Life Insurance CompanyLife547$128K$6K
Fidelity Security Life Insurance CompanyVision468$39K—
Equitable Financial Life Insurance Company of AmericaMedical189$20K$418
Cigna Dental Health of New Jersey, Inc.Dental64$12K—

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 782 participants × $2,371 national average per member. Usually higher once dependents are counted.

$48K–$119K/ year

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

Brands with a generic available$14K–$35K
Lower-cost therapeutic alternatives$21K–$43K
Generic pricing vs. actual cost$9K–$27K
PBM contract terms$5K–$14K
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
Indel Services, LLC
Sponsor EIN
92-2622316
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 92-2622316 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Indel Services, 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 Indel Services, LLC.

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