Tang Industries Inc.
Overview
Tang Industries Inc. sponsors a self-funded health plan that covered 887 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
- 887
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Tang Industries Inc. Employees Welfare Benefit Plan and Trust, plan 505 (887 participants)
- Stop-loss carrier
- Fidelity Security Life Insurance Company
- Broker compensation
- $740K 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 |
|---|---|---|---|---|
| Fidelity Security Life Insurance Company | Medical, Stop-loss | 845 | $1.9M | — |
| Hartford Life and Accident | Short-term disability, Long-term disability, Life | 1,009 | $714K | $68K |
| Vision Service Plan | Vision | 695 | $133K | $20K |
| Meritan Health | Medical, Prescription drug | 845 | — | $652K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 887 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
- Tang Industries Inc.
- Sponsor EIN
- 36-2715609
- Plan number
- 505
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 36-2715609 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Tang Industries 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 Tang Industries Inc..