Cypress Healthcare Partners, LLC

Monterey, CA Professional servicesNAICS 541600

Self-funded health planPlan year 2025Renews January
672Participants+47% vs. prior year
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#29 of 34Professional services in CABy participants

Overview

Cypress Healthcare Partners, LLC sponsors a self-funded health plan that covered 672 participants in plan year 2025, up 47% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
672 · prior year 456
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Cypress Healthcare Partners, LLC Erisa Healthcare Plan, plan 501 (672 participants)
Broker compensation
$14K across insured contracts
MedicalLife insuranceDentalVisionOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Humana Insurance CompanyDental, Life672$557K$12K
Vision Service PlanVision525$87K$2K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 672 participants × $2,371 national average per member. Usually higher once dependents are counted.

$41K–$102K/ year

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

Brands with a generic available$12K–$30K
Lower-cost therapeutic alternatives$18K–$37K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
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
Cypress Healthcare Partners, LLC
Sponsor EIN
77-0437373
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 77-0437373 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Cypress/dod 401(k) Plan
Type
401(k) plan
Participants
1,350

About this data

Source: Cypress Healthcare Partners, 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 Cypress Healthcare Partners, LLC.

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