Meherrin Agricultural & Chemical Co., Inc.
Overview
Meherrin Agricultural & Chemical Co., Inc. sponsors a self-funded health plan that covered 1,429 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
- 1,429
- Plan year
- Begins June 1 · next renewal June 2027
- Health plans filed
- Meherrin Agricultural & Chemical Co., Inc. Employee Benefits Plan, plan 501 (1,429 participants)
- Stop-loss carrier
- Unimerica Insurance Company
- Broker compensation
- $376K 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 |
|---|---|---|---|---|
| Unimerica Insurance Company | Stop-loss | 1,170 | $1.5M | $75K |
| United of Omaha Life Insurance Company | Life, Long-term disability, Short-term disability | 1,465 | $1.0M | $175K |
| The Guardian Life Insurance Company of America | Dental | 1,081 | $653K | $21K |
| Unum Insurance Company | Accident, Hospital Indemnity, Specified Disease | 495 | $347K | $78K |
| Provident Life and Accident Insurance Company | Whole Life | 256 | $124K | $17K |
| Community Eye Care | Vision | 1,339 | $99K | $10K |
| Teledoc Health, Inc. | Teledoc | 1,150 | $68K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,429 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
- Meherrin Agricultural & Chemical Co., Inc.
- Sponsor EIN
- 56-0664474
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 56-0664474 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Meherrin Agricultural & Chemical Company Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 2,019
About this data
Source: Meherrin Agricultural & Chemical Co., 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 Meherrin Agricultural & Chemical Co., Inc..