Russell Cellular and Satellite, Inc.

Battlefield, MO Information & technologyNAICS 517000

Self-funded health planPlan year 2024Renews July
1,034ParticipantsFirst year on file
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#2 of 5Information & technology in MOBy participants

Overview

Russell Cellular and Satellite, Inc. sponsors a self-funded health plan that covered 1,034 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,034
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Russell Cellular and Satellite, Inc. Employee Benefits Plan, plan 501 (1,034 participants)
Stop-loss carrier
Healthy Alliance Life Insurance Company
Broker compensation
$82K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Healthy Alliance Life Insurance CompanyDental, Vision, Stop-loss1,011$1.4M$74K
Anthem Life Insurance CompanyLife, Short-term disability471$107K$8K

Pharmacy benefit estimate

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

$2.5M/ year

Estimated prescription spend: 1,034 participants × $2,371 national average per member. Usually higher once dependents are counted.

$64K–$157K/ year

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

Brands with a generic available$19K–$47K
Lower-cost therapeutic alternatives$27K–$57K
Generic pricing vs. actual cost$12K–$35K
PBM contract terms$6K–$18K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Russell Cellular and Satellite, Inc.
Sponsor EIN
43-1778225
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 43-1778225 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Russell Cellular 401(k) Plan
Type
401(k) plan
Participants
1,526

About this data

Source: Russell Cellular and Satellite, 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 Russell Cellular and Satellite, Inc..

Request a correction · Methodology