Mustang Tractor & Equipment Company, Ltd
Overview
Mustang Tractor & Equipment Company, Ltd sponsors a self-funded health plan that covered 1,271 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
- 1,271
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Mustang Tractor & Equipment Company, Ltd. Welfare Benefit Plan, plan 505 (1,271 participants)
- Stop-loss carrier
- Bluecross Blueshield of Texas
- Broker compensation
- $285K 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 |
|---|---|---|---|---|
| Bluecross Blueshield of Texas | Stop-loss | 1,720 | $2.9M | $49K |
| Life Insurance Company of North America | Long-term disability, AD&D, Life, Short-term disability | 1,179 | $737K | $133K |
| The Guardian Life Insurance Company of America | Dental | 895 | $568K | $97K |
| Vision Service Plan | Vision | 735 | $98K | $3K |
| National Union Fire Ins. Co. of Pittsburgh, PA | AD&D, Business Travel Accident | 296 | $23K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,271 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
- Mustang Tractor & Equipment Company, Ltd
- Sponsor EIN
- 20-0421611
- Plan number
- 505
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 20-0421611 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Mustang Employees' 401(k) Plan
- Type
- 401(k) plan
- Participants
- 1,781
About this data
Source: Mustang Tractor & Equipment Company, Ltd'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 Mustang Tractor & Equipment Company, Ltd.