Patton Wings, Inc.

Shelby Township, MI Holding companiesNAICS 551112

Self-funded health planPlan year 2024Renews May
2,878ParticipantsFirst year on file
$6.8MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#3 of 4Holding companies in MIBy participants

Overview

Patton Wings, Inc. sponsors a self-funded health plan that covered 2,878 participants in plan year 2024. The plan year starts in May. 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
2,878
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Patton Wings, Inc. Employee Welfare Benefit Plan, plan 505 (2,878 participants)
Stop-loss carrier
Ardellis Insurance Ltd
Broker compensation
$142K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Ardellis Insurance LtdStop-loss337$523K$94K
Blue Cross Blue Shield of MichiganMedical, Prescription drug, PPO60$260K$12K
Delta Dental of MichiganDental697$188K$6K
The Prudential Insurance Company of AmericaLife, Basic AD&D Insurance, Long-term disability, Short-term disability474$133K$15K
Unum Insurance CompanyHospital EE Paid, GRP Accident, Attained Age Critical Illness169$67K$12K
Eyemed Vision CareVision584$34K$3K

Pharmacy benefit estimate

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

$6.8M/ year

Estimated prescription spend: 2,878 participants × $2,371 national average per member. Usually higher once dependents are counted.

$177K–$437K/ year

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

Brands with a generic available$52K–$130K
Lower-cost therapeutic alternatives$76K–$158K
Generic pricing vs. actual cost$33K–$98K
PBM contract terms$17K–$51K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Patton Wings, Inc.
Sponsor EIN
03-0606420
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 03-0606420 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Patton Wings, Inc. 401(k) Plan
Type
401(k) plan
Participants
4,622

About this data

Source: Patton Wings, 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 Patton Wings, Inc..

Request a correction · Methodology