Unified Door and Hardware Group

Pennsauken, NJ Wholesale tradeNAICS 423700

Self-funded health planPlan year 2024Renews April
561ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#14 of 16Wholesale trade in NJBy participants

Overview

Unified Door and Hardware Group sponsors a self-funded health plan that covered 561 participants in plan year 2024. The plan year starts in April. 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
561
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Unified Door and Hardware Group Health Plan, plan 501 (561 participants)
Broker compensation
$155K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Sun Life Assurance Company of CanadaVision, Life, Short-term disability, Long-term disability416$1.0M$150K
Horizon Healthcare Services, Inc.Dental528$142K$5K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 561 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$85K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Unified Door and Hardware Group
Sponsor EIN
46-4239910
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-4239910 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Unified Door and Hardware Group 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,126

About this data

Source: Unified Door and Hardware Group'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 Unified Door and Hardware Group.

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