Melmark, Inc.
Overview
Melmark, Inc. sponsors a self-funded health plan that covered 639 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 639
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Melmark, Inc. Employee Benefit Plan, plan 501 (639 participants)
- Stop-loss carrier
- Fair American Insurance and Reinsurance Company
- Broker compensation
- $59K 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 |
|---|---|---|---|---|
| Fair American Insurance and Reinsurance Company | Stop-loss | 442 | $873K | — |
| Sun Life Assurance Company of Canada | Life, Long-term disability | 644 | $301K | $47K |
| The Guardian Life Insurance Company of America | Dental | 469 | $36K | $10K |
| Vision Benefits of America | Vision | 426 | $31K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 639 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
- Melmark, Inc.
- Sponsor EIN
- 23-6399542
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 23-6399542 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Melmark, Inc. Retirement Plan
- Type
- Defined contribution plan
- Participants
- 1,545
About this data
Source: Melmark, 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 Melmark, Inc..