Roller Bearing Company of America
Overview
Roller Bearing Company of America sponsors a self-funded health plan that covered 3,931 participants in plan year 2024. The plan year starts in July. 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
- 3,931
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Roller Bearing Company of America, Inc. - Welfare Benefit Plans, plan 501 (3,931 participants)
- Broker compensation
- $572K 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 |
|---|---|---|---|---|
| Hartford Life and Accident | Life, Short-term disability, Long-term disability, Medical, Prescription drug | 3,931 | $3.8M | $464K |
| Delta Dental of Connecticut, Inc. | Dental | 2,826 | $2.4M | $72K |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 2,787 | $493K | $16K |
| Benistar / Express Scripts, Inc. | Prescription drug | 74 | $184K | $5K |
| Humana Insurance Company | Medical, Prescription drug | 35 | $122K | $3K |
| Arag Insurance Company | Legal | 606 | $61K | $6K |
| Federal Insurance Company | Business Travel Accident | 3,931 | $32K | $5K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 3,931 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
- Roller Bearing Company of America
- Sponsor EIN
- 13-3426227
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 13-3426227 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Roller Bearing Company of America 401(k) Plan
- Type
- 401(k) plan
- Participants
- 3,909
About this data
Source: Roller Bearing Company of America'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 Roller Bearing Company of America.