Moore's Electrical & Mechanical Construction, Inc.
Overview
Moore's Electrical & Mechanical Construction, Inc. sponsors a self-funded health plan that covered 566 participants in plan year 2024. The plan year starts in April. 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
- 566
- Plan year
- Begins April 1 · next renewal April 2027
- Health plans filed
- Moore's Electrical & Mechanical Construction, Inc. Employee Benefits Plan, plan 503 (566 participants)
- Stop-loss carrier
- Anthem Health Plans of Virginia, Inc.
- Broker compensation
- $160K 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 |
|---|---|---|---|---|
| Anthem Health Plans of Virginia, Inc. | Vision, Stop-loss | 701 | $836K | $5K |
| Anthem Life Insurance Company | Life, Long-term disability, Short-term disability | 1,092 | $465K | $53K |
| Sun Life Assurance Company of Canada | Accident, Critical Illness, Hospital | 259 | $209K | $103K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 566 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
- Moore's Electrical & Mechanical Construction, Inc.
- Sponsor EIN
- 54-1598347
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 54-1598347 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Moore's Electrical & Mechanical Construction, Inc. 401(k) Plan
- Type
- 401(k) plan
- Participants
- 774
About this data
Source: Moore's Electrical & Mechanical 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 Moore's Electrical & Mechanical Construction, Inc..