Cyracom International, Inc.

Tucson, AZ Professional servicesNAICS 541930

Self-funded health planPlan year 2024Renews January
1,106ParticipantsFirst year on file
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 5Professional services in AZBy participants

Overview

Cyracom International, Inc. sponsors a self-funded health plan that covered 1,106 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,106
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Cyracom International, Inc. Group Health and Welfare Benefit Plan, plan 502 (1,106 participants)
Broker compensation
$88K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyDental960$512K$47K
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability1,096$371K$32K
Vision Service PlanVision598$70K$3K
Teladoc Health, Inc.Telehealth1,655$34K$3K
Curalinc, LLCEmployee Assistance Program1,575$28K—
Pre-Paid Legal Services, Inc. DBA LegalshieldLegal107$20K$3K
RX Benefits, Inc.Prescription drug1,096——

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,106 participants × $2,371 national average per member. Usually higher once dependents are counted.

$68K–$168K/ year

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

Brands with a generic available$20K–$50K
Lower-cost therapeutic alternatives$29K–$61K
Generic pricing vs. actual cost$13K–$38K
PBM contract terms$7K–$20K
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 2024
Plan sponsor
Cyracom International, Inc.
Sponsor EIN
36-4036218
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-4036218 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Cyracom International, Inc. 401(k) & Profit Sharing Plan
Type
401(k) plan
Participants
2,052

About this data

Source: Cyracom International, 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 Cyracom International, Inc..

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