SKC Enterprises, Inc.

St. Louis, MO Real estateNAICS 532210

Self-funded health planPlan year 2024Renews July
609ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#4 of 5Real estate in MOBy participants

Overview

SKC Enterprises, Inc. sponsors a self-funded health plan that covered 609 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
609
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
SKC Enterprises, Inc. Employee Benefits Plan, plan 501 (609 participants)
Stop-loss carrier
Tokio Marine HCC
Broker compensation
$49K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Tokio Marine HCCStop-loss278$333K$4K
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability608$310K$45K
Magellan RX Management, LLCPrescription drug463$2K—

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 609 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$93K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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
SKC Enterprises, Inc.
Sponsor EIN
37-1211032
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 37-1211032 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Rent One 401(k) Plan
Type
401(k) plan
Participants
819

About this data

Source: SKC Enterprises, 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 SKC Enterprises, Inc..

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