The Luther Holding Company
Overview
The Luther Holding Company sponsors a self-funded health plan that covered 3,265 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
- 3,265
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- The Luther Holding Company Health Welfare Benefit Plan, plan 501 (3,265 participants)
- Broker compensation
- $197K 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 |
|---|---|---|---|---|
| Reliastar Life Insurance Company | Life, Long-term disability | 4,139 | $1.5M | $166K |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 2,714 | $154K | $15K |
| MetLife Legal Plans | Legal | 583 | $127K | $15K |
| Voya Financial | Employee Assistance Program | 8,354 | $17K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 3,265 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
- The Luther Holding Company
- Sponsor EIN
- 41-1655557
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 41-1655557 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Luther Holding Company Savings Plus Retirement Plan
- Type
- 401(k) plan
- Participants
- 5,994
About this data
Source: The Luther Holding Company'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 Luther Holding Company.