The H.t. Hackney Co.

Knoxville, TN Wholesale tradeNAICS 424400

Self-funded health planPlan year 2024Renews July
2,433ParticipantsFirst year on file
$5.8MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#3 of 6Wholesale trade in TNBy participants

Overview

The H.t. Hackney Co. sponsors a self-funded health plan that covered 2,433 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
2,433
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
The H.t. Hackney Co. Flexible Benefits Plan, plan 504 (2,433 participants)
Stop-loss carrier
Sun Life Assurance Company of Canada; BCS Insurance Company
Broker compensation
$976K 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
Delta Dental of TennesseeDental, Vision4,017$1.3M$84K
Sun Life Assurance Company of CanadaStop-loss2,398$1.2M$166K
BCS Insurance CompanyStop-loss2,433$1.2M$242K
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability3,683$142K$265K
Unum Insurance CompanyAttained Age Critical Illness, GRP Accident1,339$50K$220K

Pharmacy benefit estimate

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

$5.8M/ year

Estimated prescription spend: 2,433 participants × $2,371 national average per member. Usually higher once dependents are counted.

$150K–$370K/ year

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

Brands with a generic available$44K–$110K
Lower-cost therapeutic alternatives$64K–$134K
Generic pricing vs. actual cost$28K–$83K
PBM contract terms$14K–$43K
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
The H.t. Hackney Co.
Sponsor EIN
62-0222535
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-0222535 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The H.t. Hackney Co. Employees Profit Sharing Retirement Plan and Trust
Type
401(k) plan
Participants
5,191

About this data

Source: The H.t. Hackney Co.'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 The H.t. Hackney Co..

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