Traylor Bros., Inc.

Evansville, IN ConstructionNAICS 237310

Self-funded health planPlan year 2024Renews January
884ParticipantsFirst year on file
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 16Construction in INBy participants

Overview

Traylor Bros., Inc. sponsors a self-funded health plan that covered 884 participants in plan year 2024. The plan year starts in January. 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
884
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Traylor Construction Group Employee Benefits Plan, plan 507 (884 participants)
Broker compensation
$202K 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
The Guardian Life Insurance Company of AmericaDental, Vision699$798K$86K
Life Insurance Company of North AmericaLife, Ad&d,supplemental AD&D and Dependent AD&, Short-term disability, Long-term disability787$563K$102K
Unum Insurance CompanyAccident, Critical Illness217$94K$14K
Carebridge CorporationEAP845$11K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 884 participants × $2,371 national average per member. Usually higher once dependents are counted.

$54K–$134K/ year

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

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$23K–$49K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Traylor Bros., Inc.
Sponsor EIN
35-0799154
Plan number
507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-0799154 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Traylor Construction Group 401(k) Plan
Type
401(k) plan
Participants
1,245

About this data

Source: Traylor Bros., 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 Traylor Bros., Inc..

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