El Paso Electric Company
Overview
El Paso Electric Company sponsors a self-funded health plan that covered 1,223 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, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,223 · prior year 1,147
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- El Paso Electric Company Welfare Benefits Plan, plan 510 (1,223 participants); El Paso Electric Company Retiree Welfare Benefits Plan, plan 511 (521 participants)
- Stop-loss carrier
- Blue Cross Blue Shield of Texas
- Broker compensation
- $152K 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 |
|---|---|---|---|---|
| Symetra Life Insurance Company | Life, Critical Illness, Accident, Long-term disability | 2,133 | $1.4M | $150K |
| Metropolitan Life Insurance Company | Vision | 2,435 | $139K | — |
| ComPsych | Employee Assistance Program | 955 | $18K | — |
| Blue Cross Blue Shield of Texas | Stop-loss | 56 | $15K | $2K |
| Zurich American Insurance Company | Business Travel Accident | 1,223 | $958 | $200 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,223 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 2025
- Plan sponsor
- El Paso Electric Company
- Sponsor EIN
- 74-0607870
- Plan numbers
- 510, 511
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 74-0607870 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Retirement Income Plan for Employees of El Paso Electric Company
- Type
- Pension plan
- Participants
- 2,542
About this data
Source: El Paso Electric Company'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 El Paso Electric Company.