Schottenstein Stores Corporation
Overview
Schottenstein Stores Corporation sponsors a self-funded health plan that covered 2,250 participants in plan year 2024. The plan year starts in August. Alongside medical, its benefits filing reports life insurance, dental, vision, death benefits.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 2,250
- Plan year
- Begins August 1 · next renewal August 2027
- Health plans filed
- Associates' Benefit Plan #ss2, plan 501 (2,250 participants)
- Stop-loss carrier
- Community Insurance Company
- Broker compensation
- $59K 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 |
|---|---|---|---|---|
| Prudential Insurance Company of America | Life, Voluntary AD&D, AD&D, Long-term disability, Short-term disability, Accident, Critical Illness, Hosptial Indemnity | 2,971 | $2.2M | $59K |
| Cigna Health and Life Insurance Company and Affiliates | Dental | 2,136 | $1.1M | — |
| Community Insurance Company | Medical, Stop-loss | 3,430 | $547K | — |
| Vision Service Plan | Vision | 2,148 | $196K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,250 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
- Schottenstein Stores Corporation
- Sponsor EIN
- 31-0820773
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 31-0820773 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Profit Sharing and 401(k) Plan
- Type
- 401(k) plan
- Participants
- 5,141
About this data
Source: Schottenstein Stores Corporation'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 Schottenstein Stores Corporation.