Wadhams Enterprises Inc.
Overview
Wadhams Enterprises Inc. sponsors a self-funded health plan that covered 716 participants in plan year 2024. The plan year starts in April. Alongside medical, its benefits filing reports life insurance, dental, vision, death benefits.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 716
- Plan year
- Begins April 1 · next renewal April 2027
- Health plans filed
- Wadhams Enterprises Inc. Comprehensive Medical Benefits Plan, plan 501 (716 participants)
- Stop-loss carrier
- Excellus Bluecross Blueshield
- Broker compensation
- $17K 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 |
|---|---|---|---|---|
| Excellus Bluecross Blueshield | Stop-loss | 456 | $490K | — |
| Guardian | Dental, Life | 716 | $300K | $15K |
| Ameritas Life Insurance Corp. of New York | Vision | 908 | $39K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 716 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
- Wadhams Enterprises Inc.
- Sponsor EIN
- 16-1397441
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 16-1397441 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Wadhams Enterprises, Inc. Employee Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 858
About this data
Source: Wadhams Enterprises 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 Wadhams Enterprises Inc..