Musco Corporation
Overview
Musco Corporation sponsors a self-funded health plan that covered 542 participants in plan year 2024. 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
- 542
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Musco Corporation Flexible Spending Plan, plan 505 (542 participants)
- Broker compensation
- $237K 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 |
|---|---|---|---|---|
| Life Insurance Company of North America | Long-term disability, Life | 1,402 | $866K | $181K |
| Cigna Health and Life Insurance Company | Medical, Dental | 51 | $290K | $37K |
| Vision Service Plan | Vision | 1,019 | $178K | $18K |
| National Union Fire Ins. Co. of Pittsburgh, PA | Business Travel Accident | 1,402 | $6K | $1K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 542 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
- Musco Corporation
- Sponsor EIN
- 42-1107452
- Plan number
- 505
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 42-1107452 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Musco Profit Sharing and Employee Savings Plan
- Type
- 401(k) plan
- Participants
- 1,801
About this data
Source: Musco 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 Musco Corporation.