Wallis Oil Company Inc.
Overview
Wallis Oil Company Inc. sponsors a self-funded health plan that covered 924 participants in plan year 2024. The plan year starts in March. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 924
- Plan year
- Begins March 1 · next renewal March 2027
- Health plans filed
- Wallis Companies Welfare Benefit Plan, plan 509 (924 participants)
- Broker compensation
- $71K 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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Company and Affiliates | Dental, Vision | 495 | $312K | $20K |
| American Heritage Life Insurance Company | Short-term disability, Accident, Critical Illness, Hospital Indemnity | 231 | $167K | $30K |
| Life Insurance Company of North America | Life, Accidental Death & Dismemberment | 1,067 | $165K | $21K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 924 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
- Wallis Oil Company Inc.
- Sponsor EIN
- 43-0908410
- Plan number
- 509
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 43-0908410 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Wallis Companies 401(k) Plan
- Type
- 401(k) plan
- Participants
- 990
About this data
Source: Wallis Oil Company 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 Wallis Oil Company Inc..