Ledwell & Son Enterprises, Inc.

Texarkana, TX ManufacturingNAICS 336990

Self-funded health planPlan year 2024Renews May
551ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#142 of 149Manufacturing in TXBy participants

Overview

Ledwell & Son Enterprises, Inc. sponsors a self-funded health plan that covered 551 participants in plan year 2024. The plan year starts in May.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
551
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Ledwell & Son Enterprises, Inc. Employee Benefit Plan, plan 501 (551 participants)
Stop-loss carrier
Companion Life
MedicalOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Companion LifeMedical, Prescription drug, Stop-loss551$404K—

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 551 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$84K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Ledwell & Son Enterprises, Inc.
Sponsor EIN
75-1090276
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-1090276 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ledwell & Son Enterprises, Inc. 401k Plan & Trust
Type
401(k) plan
Participants
584

About this data

Source: Ledwell & Son Enterprises, 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 Ledwell & Son Enterprises, Inc..

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