Royal Cup, Inc.
Overview
Royal Cup, Inc. sponsors a self-funded health plan that covered 610 participants in plan year 2024. The plan year starts in September. 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
- 610
- Plan year
- Begins September 1 · next renewal September 2027
- Health plans filed
- Royal Cup Health & Welfare Benefit Plan, plan 511 (610 participants); Flexible Compensation Plan for Royal Cup, Inc., plan 501 (106 participants)
- Broker compensation
- $89K 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 |
|---|---|---|---|---|
| American Behavioral Benefits Managers | Employee Assistance Program | 590 | $436K | — |
| Reliastar Life Insurance Company | Life, Long-term disability | 1,277 | $384K | $69K |
| Aflac | Accident, Hospital, Cancer | 85 | $93K | $15K |
| United Healthcare Insurance Company | Vision | 422 | $52K | $5K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 610 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
- Royal Cup, Inc.
- Sponsor EIN
- 63-0281988
- Plan numbers
- 511, 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 63-0281988 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Royal Cup, Inc. 401(k) Retirement Plan
- Type
- 401(k) plan
- Participants
- 694
About this data
Source: Royal Cup, 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 Royal Cup, Inc..