Goodwill of Colorado

Colorado Springs, CO Other servicesNAICS 813000

Self-funded health planPlan year 2025Renews January
1,567Participants-3% vs. prior year
$3.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 7Other services in COBy participants

Overview

Goodwill of Colorado sponsors a self-funded health plan that covered 1,567 participants in plan year 2025, down 3% 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
1,567 · prior year 1,614
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Goodwill of Colorado Health and Welfare Plan, plan 501 (1,567 participants)
Broker compensation
$56K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Long-term disability650$349K$28K
Delta Dental of ColoradoDental853$292K$11K
Cigna Health and Life Insurance CompanyHospital, Critical Illness, Accident650$87K$13K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision769$48K$4K

Pharmacy benefit estimate

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

$3.7M/ year

Estimated prescription spend: 1,567 participants × $2,371 national average per member. Usually higher once dependents are counted.

$97K–$238K/ year

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

Brands with a generic available$28K–$71K
Lower-cost therapeutic alternatives$41K–$86K
Generic pricing vs. actual cost$18K–$54K
PBM contract terms$9K–$28K
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
Goodwill of Colorado
Sponsor EIN
84-0513404
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-0513404 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Goodwill of Colorado Retirement Savings 403(b) Plan
Type
Defined contribution plan
Participants
3,650

About this data

Source: Goodwill of Colorado'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 Goodwill of Colorado.

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