Long Building Technologies, Inc.

Littleton, CO ConstructionNAICS 238220

Self-funded health planPlan year 2024Renews September
503ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#13 of 13Construction in COBy participants

Overview

Long Building Technologies, Inc. sponsors a self-funded health plan that covered 503 participants in plan year 2024. The plan year starts in September. 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
503
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Employee Benefit Plan for the Employees of Long, plan 505 (503 participants)
Broker compensation
$64K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyLife, Long-term disability545$262K$53K
Cigna Health and Life Insurance CompanyHospital, Accident, Critical Illness503$120K$11K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision886$26K—

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 503 participants × $2,371 national average per member. Usually higher once dependents are counted.

$31K–$76K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Long Building Technologies, Inc.
Sponsor EIN
84-0579292
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-0579292 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Long Building Technologies, Inc. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
565

About this data

Source: Long Building Technologies, 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 Long Building Technologies, Inc..

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