Multi-Craft Contractors, Inc.

Springdale, AR ConstructionNAICS 238210

Self-funded health planPlan year 2025Renews January
631Participants-7% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 2Construction in ARBy participants

Overview

Multi-Craft Contractors, Inc. sponsors a self-funded health plan that covered 631 participants in plan year 2025, down 7% 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
631 · prior year 680
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Multi-Craft Contractors, Inc. Group Welfare Benefits Plan, plan 501 (631 participants)
Broker compensation
$58K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyLong-term disability, Life, Hospital Indemnity - Voluntary, Voluntary Life500$312K$58K
Delta Dental Plan of ArkansasDental949$200K—
Delta Dental of ArkansasVision910$44K—

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 631 participants × $2,371 national average per member. Usually higher once dependents are counted.

$39K–$96K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$17K–$35K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$11K
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
Multi-Craft Contractors, Inc.
Sponsor EIN
71-0423846
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0423846 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Multi-Craft Contractors, Inc. 401(k) Plan
Type
401(k) plan
Participants
776

About this data

Source: Multi-Craft Contractors, Inc.'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 Multi-Craft Contractors, Inc..

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