LL Flooring, Inc.

Bear, DE RetailNAICS 444190

Self-funded health planPlan year 2024Renews June
2,005ParticipantsFirst year on file
$4.8MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#1 of 2Retail in DEBy participants

Overview

LL Flooring, Inc. sponsors a self-funded health plan that covered 2,005 participants in plan year 2024. The plan year starts in June. 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
2,005
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
LL Flooring, Inc. Employee Benefits Plan, plan 501 (2,005 participants)
Broker compensation
$7K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Short-term disability, Long-term disability3,749$856K—
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,001$39K—
Metropolitan General Insurance CompanyLegal118$35K$7K

Pharmacy benefit estimate

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

$4.8M/ year

Estimated prescription spend: 2,005 participants × $2,371 national average per member. Usually higher once dependents are counted.

$124K–$305K/ year

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

Brands with a generic available$36K–$90K
Lower-cost therapeutic alternatives$53K–$110K
Generic pricing vs. actual cost$23K–$68K
PBM contract terms$12K–$36K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
LL Flooring, Inc.
Sponsor EIN
04-3229199
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-3229199 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: LL Flooring, 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 LL Flooring, Inc..

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