Multimatic Indiana, Inc.
Overview
Multimatic Indiana, Inc. sponsors a self-funded health plan that covered 1,009 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
- 1,009
- Plan year
- Begins April 1 · next renewal April 2027
- Health plans filed
- Multimatic Indiana, Inc. Employee Benefit Plan, plan 501 (1,009 participants)
- Broker compensation
- $314K 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 |
|---|---|---|---|---|
| Guardian Life Insurance Company of America | Dental, Vision, Short-term disability, Long-term disability | 1,022 | $1.4M | $272K |
| Sun Life Assurance Company of Canada | Life | 1,051 | $410K | $42K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,009 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
- Multimatic Indiana, Inc.
- Sponsor EIN
- 98-0335435
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 98-0335435 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Multimatic Indiana, 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 Multimatic Indiana, Inc..