Knighted Services, Inc.

Dallas, TX Arts & recreationNAICS 713200

Self-funded health planPlan year 2024Renews July
2,121ParticipantsFirst year on file
$5.0MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#2 of 6Arts & recreation in TXBy participants

Overview

Knighted Services, Inc. sponsors a self-funded health plan that covered 2,121 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,121
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Knighted Services, Inc., plan 502 (2,121 participants)
Broker compensation
$75K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Long-term disability2,042$333K$38K
Cigna Health and Life Insurance CompanyAccident, Critical Illness, Cancer, Hosp2,042$127K$26K
Cigna Health and Life Insurance Company and AffiliatesDental581$108K$11K
Vision Service PlanVision1,055$102K—
Curalinc LLCEmployee Assistance Program2,042$36K—

Pharmacy benefit estimate

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

$5.0M/ year

Estimated prescription spend: 2,121 participants × $2,371 national average per member. Usually higher once dependents are counted.

$131K–$322K/ year

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

Brands with a generic available$38K–$96K
Lower-cost therapeutic alternatives$56K–$117K
Generic pricing vs. actual cost$24K–$72K
PBM contract terms$13K–$38K
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
Knighted Services, Inc.
Sponsor EIN
81-2018363
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-2018363 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Knighted Services, 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 Knighted Services, Inc..

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