Jensen Construction Company
Overview
Jensen Construction Company sponsors a self-funded health plan that covered 538 participants in plan year 2024. The plan year starts in October. Alongside medical, its benefits filing reports life insurance, dental, vision.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 538
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Jensen Construction Company Group Trust, plan 501 (538 participants)
- Stop-loss carrier
- Wellmark Blue Cross and Blue Shield of Iowa
- Broker compensation
- $107K 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 |
|---|---|---|---|---|
| Wellmark Blue Cross and Blue Shield of Iowa | Medical, Prescription drug, PPO, Stop-loss | 538 | $8.0M | $102K |
| Delta Dental of Iowa | Dental | 830 | — | $5K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 538 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
- Jensen Construction Company
- Sponsor EIN
- 42-0667649
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 42-0667649 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Jensen Construction 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 Jensen Construction Company.