Transystems Corporation
Overview
Transystems Corporation sponsors a self-funded health plan that covered 1,430 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,430
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Transystems Corporation Comprehensive Health and Welfare Benefit Plan, plan 503 (1,430 participants)
- Stop-loss carrier
- Reliastar Life Insurance Company
- Broker compensation
- $202K 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 | Stop-loss | 1,319 | $1.7M | $83K |
| The Lincoln National Life Insurance Company | Long-term disability, Life, Accidental Death and Dismemberment, Accident, Critical Illness | 1,759 | $1.1M | $119K |
| Vision Service Plan | Vision | 1,371 | $259K | — |
| Health and Human Resource Center | Employee Assistance Plan | 254 | $4K | — |
| Aetna International | AGB Worldtraveler | 45 | $4K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,430 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
- Transystems Corporation
- Sponsor EIN
- 43-0839725
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 43-0839725 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Transystems Corporation 401(k) Plan
- Type
- 401(k) plan
- Participants
- 2,353
About this data
Source: Transystems Corporation'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 Transystems Corporation.