Martco LLC
Overview
Martco LLC sponsors a self-funded health plan that covered 1,421 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,421
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Royomartin Benefits Plan, plan 501 (1,421 participants)
- Stop-loss carrier
- BCS Insurance Company
- Broker compensation
- $83K 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 |
|---|---|---|---|---|
| BCS Insurance Company | Stop-loss | 1,343 | $449K | $40K |
| Hartford Life and Accident | Life | 1,409 | $387K | $4K |
| Continental American Insurance Company | Life, Short-term disability | 491 | $306K | $38K |
| Vision Service Plan | Vision | 1,033 | $158K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,421 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
- Martco LLC
- Sponsor EIN
- 72-0920365
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 72-0920365 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Martco LLC'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 Martco LLC.