Lb&b Associates Inc.
Overview
Lb&b Associates Inc. sponsors a self-funded health plan that covered 623 participants in plan year 2024. The plan year starts in August. 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
- 623
- Plan year
- Begins August 1 · next renewal August 2027
- Health plans filed
- Lb&b Associates Inc. Health and Welfare Benefits Plan, plan 502 (623 participants)
- Stop-loss carrier
- Aetna Life Insurance Company
- Broker compensation
- $11K 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 |
|---|---|---|---|---|
| Aetna Life Insurance Company | Medical, Prescription drug, Dental, Vision, Stop-loss | 818 | $705K | $3K |
| Hartford Life and Accident | Life, Short-term disability, Long-term disability | 598 | $537K | $7K |
| Delta Dental of Pennsylvania | Dental | 801 | $228K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 623 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
- Lb&b Associates Inc.
- Sponsor EIN
- 56-1768228
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 56-1768228 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Lb&b Associates Inc. Retirement Plan
- Type
- 401(k) plan
- Participants
- 541
About this data
Source: Lb&b Associates 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 Lb&b Associates Inc..