Russell Lands, Inc.
Overview
Russell Lands, Inc. sponsors a self-funded health plan that covered 560 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
- 560
- Plan year
- Begins November 1 · next renewal November 2027
- Health plans filed
- Russell Lands, Inc. Employee Benefits Plan, plan 502 (560 participants)
- Broker compensation
- $60K 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 |
|---|---|---|---|---|
| United of Omaha Life Insurance Company | Life, Long-term disability, Short-term disability | 555 | $275K | $52K |
| Humana Insurance Company | Vision | 388 | $57K | $6K |
| Mutual of Omaha Insurance Company | Supplemental AD&D | 175 | $5K | $1K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 560 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
- Russell Lands, Inc.
- Sponsor EIN
- 63-0455398
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 63-0455398 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Russell Lands 401(k) Retirement Savings/profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 830
About this data
Source: Russell Lands, 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 Lands, Inc..