Metromont Corporation

Greenville, SC ManufacturingNAICS 327300

Self-funded health planPlan year 2024Renews August
846ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#22 of 33Manufacturing in SCBy participants

Overview

Metromont Corporation sponsors a self-funded health plan that covered 846 participants in plan year 2024. The plan year starts in August. 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
846
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Metromont Corporation Health Benefit Plan, plan 501 (846 participants)
Stop-loss carrier
US Fire Ins-Brm Specialty Mkts
Broker compensation
$387K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability984$1.1M$387K
US Fire Ins-Brm Specialty MktsStop-loss849$534K—

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 846 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$129K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$47K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 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
Metromont Corporation
Sponsor EIN
58-2322112
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 58-2322112 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Retirement Plan for Associates of Metromont LLC
Type
401(k) plan
Participants
1,143

About this data

Source: Metromont Corporation'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 Metromont Corporation.

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