Step By Step Inc.
Overview
Step By Step Inc. sponsors a self-funded health plan that covered 738 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
- 738
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Step-By-Step, Inc. Health Insurance Plan, plan 502 (738 participants)
- Broker compensation
- $170K 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 |
|---|---|---|---|---|
| Sun Life Assurance Company of Canada | Dental, Life, Short-term disability, Long-term disability | 1,044 | $1.3M | $167K |
| Vision Benefits of America | Vision | 795 | $70K | $3K |
| Employee Assistance Group | Employee Assistance Program | 1,207 | $22K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 738 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
- Step By Step Inc.
- Sponsor EIN
- 23-2053563
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 23-2053563 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Retirement Plan for Employees of Step By Step, Inc.
- Type
- 401(k) plan
- Participants
- 1,589
About this data
Source: Step By Step 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 Step By Step Inc..