Summit Packaging Systems, LLC
Overview
Summit Packaging Systems, LLC sponsors a self-funded health plan that covered 591 participants in plan year 2024. The plan year starts in October. 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
- 591
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Summit Packaging Health and Welfare Benefit Plan, plan 503 (591 participants)
- Broker compensation
- $24K 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 |
|---|---|---|---|---|
| Delta Dental Plan of New Hampshire, Inc. | Dental | 785 | $312K | $8K |
| The Lincoln National Life Insurance Company | Life, Long-term disability | 579 | $95K | $14K |
| Vision Service Plan | Vision | 407 | $64K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 591 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
- Summit Packaging Systems, LLC
- Sponsor EIN
- 02-0325133
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 02-0325133 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Summit Packaging Systems 401(k) Plan
- Type
- 401(k) plan
- Participants
- 749
About this data
Source: Summit Packaging Systems, LLC'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 Summit Packaging Systems, LLC.