Turnpoint Services

Louisville, KY ConstructionNAICS 238220

Self-funded health planPlan year 2024Renews January
4,298ParticipantsFirst year on file
$10.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 6Construction in KYBy participants

Overview

Turnpoint Services sponsors a self-funded health plan that covered 4,298 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
4,298
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Essential Services Holding Corporation Health and Welfare Plan (formerly Turnpoint Services Health and Welfare Plan), plan 503 (4,298 participants)
Broker compensation
$990K 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
Life Insurance Company of North AmericaLong-term disability, Short-term disability, Life, Accidental Death and Dismemberment5,956$2.9M$533K
Delta Dental of KentuckyDental7,017$1.9M$94K
Continental American Insurance CompanyAccident, Cancer, Critical Illness, Hosp966$995K$247K
Anthem Health Plans of Kentucky, Inc.Vision, PPO5,959$426K$116K

Pharmacy benefit estimate

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

$10.2M/ year

Estimated prescription spend: 4,298 participants × $2,371 national average per member. Usually higher once dependents are counted.

$265K–$653K/ year

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

Brands with a generic available$77K–$194K
Lower-cost therapeutic alternatives$113K–$236K
Generic pricing vs. actual cost$49K–$147K
PBM contract terms$25K–$76K
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
Turnpoint Services
Sponsor EIN
41-2119348
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-2119348 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Turnpoint Services'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 Turnpoint Services.

Request a correction · Methodology