Movement Mortgage, LLC

Indian Land, SC Finance & insuranceNAICS 522291

Self-funded health planPlan year 2025Renews January
3,684Participants-16% vs. prior year
$8.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 8Finance & insurance in SCBy participants

Overview

Movement Mortgage, LLC sponsors a self-funded health plan that covered 3,684 participants in plan year 2025, down 17% from the prior year. The plan year starts in January. 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
3,684 · prior year 4,413
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Movement Mortgage, LLC Welfare Benefit Plan, plan 501 (3,684 participants)
Stop-loss carrier
Cigna Health & Life Insurance Company
Broker compensation
$312K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health & Life Insurance CompanyDental, Vision, Stop-loss5,383$5.4M$82K
Unum Life Insurance Company of AmericaShort-term disability, Long-term disability, Life3,093$1.6M$75K
Unum Insurance CompanyMedical1,173$636K$155K

Pharmacy benefit estimate

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

$8.7M/ year

Estimated prescription spend: 3,684 participants × $2,371 national average per member. Usually higher once dependents are counted.

$227K–$560K/ year

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

Brands with a generic available$66K–$166K
Lower-cost therapeutic alternatives$97K–$203K
Generic pricing vs. actual cost$42K–$126K
PBM contract terms$22K–$66K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Movement Mortgage, LLC
Sponsor EIN
26-0595342
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-0595342 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Movement Mortgage 401(k) Plan
Type
401(k) plan
Participants
4,962

About this data

Source: Movement Mortgage, LLC's Form 5500 filing for plan year 2025 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 Movement Mortgage, LLC.

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