MDR Construction, Inc.
Overview
MDR Construction, Inc. sponsors a self-funded health plan that covered 821 participants in plan year 2024. The plan year starts in July. 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
- 821
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- MDR Construction, Inc. Employee Benefits Plan, plan 501 (821 participants)
- Stop-loss carrier
- Berkley Life and Health Insurance Co.
- Broker compensation
- $357K 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 |
|---|---|---|---|---|
| Berkley Life and Health Insurance Co. | Stop-loss | 586 | $988K | $148K |
| United of Omaha Life Insurance Company | Life, Short-term disability, Long-term disability | 481 | $558K | $117K |
| Principal Life Insurance Company | Dental, Vision, PPO | 597 | $447K | $44K |
| Colonial Life & Accident Insurance Company | Cancer, Accident | 156 | $130K | $47K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 821 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
- MDR Construction, Inc.
- Sponsor EIN
- 64-0702292
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 64-0702292 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- MDR Construction, Inc. Employee Stock Ownership Plan
- Type
- Defined contribution plan
- Participants
- 825
About this data
Source: MDR Construction, 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 MDR Construction, Inc..