Ohio Valley Electric Corporation
Overview
Ohio Valley Electric Corporation sponsors a self-funded health plan that covered 1,019 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,019 · prior year 1,025
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Ovec-Ikec Group Life and Comprehensive Medical Plan, plan 501 (1,019 participants)
- Stop-loss carrier
- Unimerica Insurance Company
- Broker compensation
- $60K 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life, Accidental Death and Dismemberment | 1,536 | $1.5M | — |
| Unimerica Insurance Company | Stop-loss | 575 | $846K | $59K |
| Aetna Life Insurance Co. | PPO, Vision | 578 | $555K | — |
| Aetna Life Insurnance Co. | HMO | 130 | $36K | $1K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,019 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 2025
- Plan sponsor
- Ohio Valley Electric Corporation
- Sponsor EIN
- 31-4392702
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 31-4392702 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Supplemental Pension & Savings Plan for EES of Ohio Valley Electric Corp. and Indiana-Kentucky Electric Corp.
- Type
- 401(k) plan
- Participants
- 641
About this data
Source: Ohio Valley Electric Corporation'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 Ohio Valley Electric Corporation.