Kencrest Services

Blue Bell, PA Health careNAICS 624100

Self-funded health planPlan year 2024Renews July
1,721ParticipantsFirst year on file
$4.1MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#29 of 64Health care in PABy participants

Overview

Kencrest Services sponsors a self-funded health plan that covered 1,721 participants in plan year 2024. The plan year starts in July. 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
1,721
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Kencrest Services Health and Welfare Benefit Plan, plan 518 (1,721 participants)
Broker compensation
$160K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Aetna Life Insurance CompanyDental1,080$327K$25K
Unum Life Insurance Company of AmericaLife, Short-term disability408$242K$65K
Hartford Life and AccidentLife, Long-term disability1,364$221K$10K
Provident Life and Accident Insurance CompanyLife312$143K$59K
Carebridge CorporationEmployee Assistance Program1,666$25K—

Pharmacy benefit estimate

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

$4.1M/ year

Estimated prescription spend: 1,721 participants × $2,371 national average per member. Usually higher once dependents are counted.

$106K–$262K/ year

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

Brands with a generic available$31K–$78K
Lower-cost therapeutic alternatives$45K–$95K
Generic pricing vs. actual cost$20K–$59K
PBM contract terms$10K–$31K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Kencrest Services
Sponsor EIN
25-1439925
Plan number
518
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 25-1439925 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ken-Crest Services 403(b) Retirement Plan
Type
Defined contribution plan
Participants
2,095

About this data

Source: Kencrest Services'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 Kencrest Services.

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