Ianthus Capital Management LLC

Brandon, FL RetailNAICS 446110

Self-funded health planPlan year 2025Renews January
632Participants-18% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#27 of 34Retail in FLBy participants

Overview

Ianthus Capital Management LLC sponsors a self-funded health plan that covered 632 participants in plan year 2025, down 18% 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
632 · prior year 771
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ianthus Capital Management LLC Health and Welfare Plan, plan 501 (632 participants)
Stop-loss carrier
Niagara Life and Health Insurance
Broker compensation
$28K 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
Niagara Life and Health InsuranceStop-loss357$252K$13K
First Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability515$76K$15K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 632 participants × $2,371 national average per member. Usually higher once dependents are counted.

$39K–$96K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$17K–$35K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$11K
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
Ianthus Capital Management LLC
Sponsor EIN
47-1983217
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-1983217 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Ianthus Capital Management LLC'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 Ianthus Capital Management LLC.

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