Strack, Inc.
Overview
Strack, Inc. sponsors a self-funded health plan that covered 594 participants in plan year 2024. The plan year starts in September. 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
- 594
- Plan year
- Begins September 1 · next renewal September 2027
- Health plans filed
- Strack, Inc. Employee Benefits Plan, plan 501 (594 participants)
- Stop-loss carrier
- Berkley Life and Health Insurance; Aetna Life Insurance Company
- Broker compensation
- $142K 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 |
|---|---|---|---|---|
| Berkley Life and Health Insurance | Stop-loss | 268 | $1.1M | — |
| Equitable Financial Life Insurance Company of America | Dental, Vision, Life, Short-term disability, Long-term disability | 561 | $511K | $91K |
| Colonial Life & Accident Insurance Company | Critical Illness, Accident | 153 | $67K | $41K |
| Ansel Services | Medical | 87 | $51K | $10K |
| Aetna Life Insurance Company | Stop-loss | 268 | $10K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 594 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
- Strack, Inc.
- Sponsor EIN
- 58-1344890
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 58-1344890 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Strack, Inc. 401(k) Profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 348
About this data
Source: Strack, 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 Strack, Inc..