Irving Materials, Inc.
Overview
Irving Materials, Inc. sponsors a self-funded health plan that covered 2,352 participants in plan year 2024. The plan year starts in October. 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
- 2,352
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Irving Materials Employee Benefit Plan, plan 501 (2,352 participants)
- Broker compensation
- $464K 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 |
|---|---|---|---|---|
| Standard Insurance Company | Accident, Critical Illness, Life, Short-term disability, Long-term disability | 2,407 | $2.5M | $247K |
| Delta Dental of Indiana | Dental | 5,589 | $1.5M | $70K |
| The Guardian Life Insurance Company of America | Life, Short-term disability, Long-term disability | 2,293 | $812K | $147K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,352 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
- Irving Materials, Inc.
- Sponsor EIN
- 84-3316965
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 84-3316965 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Irving Materials, Inc. Employee Savings 401(k) Plan
- Type
- 401(k) plan
- Participants
- 2,804
About this data
Source: Irving Materials, 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 Irving Materials, Inc..