Bethesda Associates

Colorado Springs, CO Other servicesNAICS 813000

Self-funded health planPlan year 2024Renews October
1,165ParticipantsFirst year on file
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#3 of 7Other services in COBy participants

Overview

Bethesda Associates sponsors a self-funded health plan that covered 1,165 participants in plan year 2024. The plan year starts in October. 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
1,165
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Bethesda Associates Health and Welfare Plan, plan 501 (1,165 participants)
Broker compensation
$30K across insured contracts
MedicalLife insuranceDentalVisionDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of ColoradoDental676$252K$13K
Metropolitan Life Insurance CompanyLife1,165$108K$12K
Vision Service PlanVision525$58K$6K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,165 participants × $2,371 national average per member. Usually higher once dependents are counted.

$72K–$177K/ year

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

Brands with a generic available$21K–$52K
Lower-cost therapeutic alternatives$31K–$64K
Generic pricing vs. actual cost$13K–$40K
PBM contract terms$7K–$21K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Bethesda Associates
Sponsor EIN
84-1087692
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-1087692 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Bethesda 403b Retirement Plan
Type
Defined contribution plan
Participants
1,407

About this data

Source: Bethesda Associates'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 Bethesda Associates.

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