Kenco Management Services, LLC

Chattanooga, TN Transportation & logisticsNAICS 493100

Self-funded health planPlan year 2025Renews January
6,843Participants+5% vs. prior year
$16.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 15Transportation & logistics in TNBy participants

Overview

Kenco Management Services, LLC sponsors a self-funded health plan that covered 6,843 participants in plan year 2025, up 5% from the prior year. The plan year starts in January. 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
6,843 · prior year 6,530
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Kenco Employee Benefits Plan, plan 504 (6,843 participants)
Broker compensation
$554K 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
Reliastar Life Insurance CompanyLife, Short-term disability, Long-term disability13,509$6.5M$524K
MED Investors Development, LLC DBA One To One HealthTelehealth4,704$564K—
Vision Service PlanVision4,293$383K$17K
Modern Health Arizona P.l.l.c.Employee Assistance Program6,843$238K—
Telus Health (US) Ltd.Employee Assistance Program6,000$34K—
American Heritage Life Insurance CompanyLife1,430$32K$7K
Unum Life Insurance Company of AmericaLong Term Care1,169$30K$6K

Pharmacy benefit estimate

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

$16.2M/ year

Estimated prescription spend: 6,843 participants × $2,371 national average per member. Usually higher once dependents are counted.

$422K–$1.0M/ year

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

Brands with a generic available$123K–$308K
Lower-cost therapeutic alternatives$180K–$376K
Generic pricing vs. actual cost$78K–$234K
PBM contract terms$41K–$122K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Kenco Management Services, LLC
Sponsor EIN
62-0799523
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-0799523 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Kenco Management Services, LLC's Form 5500 filing for plan year 2025 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 Kenco Management Services, LLC.

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