Quality Equipment, LLC
Overview
Quality Equipment, LLC sponsors a self-funded health plan that covered 543 participants in plan year 2024. The plan year starts in November. 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
- 543
- Plan year
- Begins November 1 · next renewal November 2027
- Health plans filed
- Quality Equipment, LLC Health and Welfare Benefits Plan, plan 505 (543 participants)
- Broker compensation
- $100K 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 |
|---|---|---|---|---|
| Usable Life | Life, Short-term disability, Long-term disability | 543 | $301K | $59K |
| The Lincoln National Life Insurance Company | Dental | 349 | $272K | $31K |
| Unum Insurance Company | Accident, Critical Illness, Hospital | 109 | $88K | $10K |
| BHS | Employee Assistance Program | 520 | $10K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 543 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
- Quality Equipment, LLC
- Sponsor EIN
- 83-1687901
- Plan number
- 505
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 83-1687901 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Quality Equipment, LLC 401(k) Plan
- Type
- 401(k) plan
- Participants
- 839
About this data
Source: Quality Equipment, LLC'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 Quality Equipment, LLC.