Jo-Ann Stores, LLC
Overview
Jo-Ann Stores, LLC sponsors a self-funded health plan that covered 2,126 participants in plan year 2024. The plan year starts in February. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 2,126
- Plan year
- Begins February 1 · next renewal February 2027
- Health plans filed
- Jo-Ann Stores, LLC AKA Fabri-Center of America, Inc., plan 503 (2,126 participants)
- Broker compensation
- $5K 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life, Accident, Hospital | 2,070 | $273K | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 1,626 | $179K | — |
| Lincoln National Life Insurance Company | Long-term disability | 671 | $24K | $5K |
| MetLife Legal Plans | Legal | 259 | $5K | — |
| Federal Insurance Company | Business Travel Accident | 2,070 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,126 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
- Jo-Ann Stores, LLC
- Sponsor EIN
- 34-0720629
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 34-0720629 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Jo-Ann Stores, LLC 401(k) Savings Plan
- Type
- 401(k) plan
- Participants
- 20,902
About this data
Source: Jo-Ann Stores, 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 Jo-Ann Stores, LLC.