LC Industries, Inc.
Overview
LC Industries, Inc. sponsors a self-funded health plan that covered 794 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
- 794
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- LC Industries, Inc. Employee Benefits Plan, plan 510 (794 participants)
- Stop-loss carrier
- Reliastar Life Insurance Company
- Broker compensation
- $217K 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 |
|---|---|---|---|---|
| Reliastar Life Insurance Company | Life, Short-term disability, Long-term disability, Stop-loss | 738 | $1.3M | $193K |
| Delta Dental of North Carolina | Dental | 743 | $235K | $21K |
| Vision Service Plan | Vision | 422 | $62K | $3K |
| Teladoc Health, Inc. | — | 329 | $21K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 794 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
- LC Industries, Inc.
- Sponsor EIN
- 56-0686307
- Plan number
- 510
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 56-0686307 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- LC Industries Surplus Sharing & 401(k) Plan
- Type
- 401(k) plan
- Participants
- 934
About this data
Source: LC Industries, 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 LC Industries, Inc..