Cleco Corporate Holdings, LLC

Pineville, LA Holding companiesNAICS 551112

Self-funded health planPlan year 2025Renews January
3,335Participants+7% vs. prior year
$7.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 4Holding companies in LABy participants

Overview

Cleco Corporate Holdings, LLC sponsors a self-funded health plan that covered 3,335 participants in plan year 2025, up 7% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
3,335 · prior year 3,122
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Cleco Corporate Employee Benefits Plan, plan 507 (3,335 participants)
Stop-loss carrier
QBE Insurance
Broker compensation
$1.0M across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross and Blue Shield of LouisianaMedical, Prescription drug, Dental, Vision1,269$4.6M$591K
Lincoln National Life Insurance CompanyLife, Long-term disability2,445$1.4M$359K
QBE InsuranceStop-loss1,059$1.2M—
Vision Service PlanVision998$234K$45K
Reliastar Life Insurance CompanyLife890$212K$48K

Pharmacy benefit estimate

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

$7.9M/ year

Estimated prescription spend: 3,335 participants × $2,371 national average per member. Usually higher once dependents are counted.

$206K–$507K/ year

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

Brands with a generic available$60K–$150K
Lower-cost therapeutic alternatives$88K–$183K
Generic pricing vs. actual cost$38K–$114K
PBM contract terms$20K–$59K
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 2025
Plan sponsor
Cleco Corporate Holdings, LLC
Sponsor EIN
72-1445282
Plan number
507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 72-1445282 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Cleco Corporate Holdings, LLC's Form 5500 filing for plan year 2025 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 Cleco Corporate Holdings, LLC.

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