Goodwill of the Olympics and Rainier Region

Tacoma, WA Other servicesNAICS 812990

Self-funded health planPlan year 2024Renews October
991ParticipantsFirst year on file
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#3 of 8Other services in WABy participants

Overview

Goodwill of the Olympics and Rainier Region sponsors a self-funded health plan that covered 991 participants in plan year 2024. The plan year starts in October. 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
991
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Goodwill of the Olympics and Rainier Region Welfare Benefit Plan, plan 502 (991 participants)
Broker compensation
$99 across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of WashingtonDental505$252K—
Metropolitan Life Insurance CompanyLife, Short-term disability, Long-term disability991$142K$99

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 991 participants × $2,371 national average per member. Usually higher once dependents are counted.

$61K–$151K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$26K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Goodwill of the Olympics and Rainier Region
Sponsor EIN
91-0573106
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 91-0573106 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Goodwill of the Olympics and Rainier Region 401(k) Plan
Type
401(k) plan
Participants
1,306

About this data

Source: Goodwill of the Olympics and Rainier Region'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 Goodwill of the Olympics and Rainier Region.

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