Locke Lord LLP
Overview
Locke Lord LLP sponsors a self-funded health plan that covered 932 participants in plan year 2024. The plan year starts in January. 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
- 932
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Locke Lord, LLP Medical Care Reimbursement Plan, plan 503 (932 participants)
- Broker compensation
- $193K 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 |
|---|---|---|---|---|
| Standard Insurance Company | Life, Long-term disability | 906 | $2.4M | $91K |
| Delta Dental Insurance Company | Dental | 1,734 | $960K | — |
| Metropolitan Life Insurance Company | Life | 101 | $199K | $12K |
| Provident Life and Accident Insurance Company | Long-term disability | 81 | $149K | $52K |
| John Hancock Life Insurance Company | Long Term Care | 57 | $145K | $15K |
| Genworth Life Insurance Company | Long Term Care | 66 | $125K | $19K |
| Vision Service Plan | Vision | 626 | $117K | — |
| Ace American Insurance Company | Accidental Death and Dismemberment, Busi | 906 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 932 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
- Locke Lord LLP
- Sponsor EIN
- 74-1164324
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 74-1164324 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Locke Lord LLP Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 1,877
About this data
Source: Locke Lord LLP'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 Locke Lord LLP.