Froedtert Thedacare Health, Inc.

Milwaukee, WI Health careNAICS 622000

Self-funded health planPlan year 2025Renews January
14,403Participants+1% vs. prior year
$34.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 29Health care in WIBy participants

Overview

Froedtert Thedacare Health, Inc. sponsors a self-funded health plan that covered 14,403 participants in plan year 2025, about the same as 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
14,403 · prior year 14,247
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Froedtert Health, Inc. Group Benefit Plan, plan 501 (14,403 participants)
Broker compensation
$2.0M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability37,063$14.3M$1.4M
Metropolitan Life Insurance CompanyAccident, Critical Illness, Health Indemnity6,927$2.3M$628K
Provident Life and Accident Insurance CompanyShort-term disability25$7K$621
Zurich American Insurance CompanyBusiness Travel Accident803——

Pharmacy benefit estimate

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

$34.1M/ year

Estimated prescription spend: 14,403 participants × $2,371 national average per member. Usually higher once dependents are counted.

$888K–$2.2M/ year

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

Brands with a generic available$260K–$649K
Lower-cost therapeutic alternatives$379K–$792K
Generic pricing vs. actual cost$164K–$492K
PBM contract terms$85K–$256K
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
Froedtert Thedacare Health, Inc.
Sponsor EIN
39-2014409
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-2014409 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Froedtert Health, Inc. 403(b) Plan
Type
Defined contribution plan
Participants
21,570

About this data

Source: Froedtert Thedacare Health, Inc.'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 Froedtert Thedacare Health, Inc..

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