TMS International, LLC
Overview
TMS International, LLC sponsors a self-funded health plan that covered 1,159 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
- 1,159
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- TMS International, LLC Hourly Non-Bargained Employees Health and Welfare Plan, plan 553 (1,159 participants); TMS International, LLC Health and Welfare Plan for Salaried Employees, plan 551 (529 participants); TMS International, LLC Health and Welfare Plan for Bargaining Unit Employees, plan 552 (308 participants)
- Stop-loss carrier
- HM Life Insurance Company; HM Life Insurance Company; HM Life Insurance Company
- Broker compensation
- $257K 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 |
|---|---|---|---|---|
| HM Life Insurance Company | Stop-loss | 1,590 | $6.6M | — |
| Sun Life Assurance Company of Canada | Life, Long-term disability | 1,960 | $2.4M | $250K |
| Vision Benefits of America | Vision | 1,310 | $449K | $7K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,159 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
- TMS International, LLC
- Sponsor EIN
- 20-0221662
- Plan numbers
- 553, 551, 552
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 20-0221662 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Retirement Plan for Salaried Employees of International Mill Service, Inc.
- Type
- Pension plan
- Participants
- 142
About this data
Source: TMS International, 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 TMS International, LLC.