Leep Enterprises, LLC

Mishawaka, IN RetailNAICS 441110

Self-funded health planPlan year 2025Renews January
1,216Participants+5% vs. prior year
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 11Retail in INBy participants

Overview

Leep Enterprises, LLC sponsors a self-funded health plan that covered 1,216 participants in plan year 2025, up 5% 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
1,216 · prior year 1,155
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Leep Enterprises, LLC Employee Benefits Plan, plan 505 (1,216 participants)
Stop-loss carrier
Reliastar Life Insurance Company
Broker compensation
$136K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyDental, Life, Short-term disability, Long-term disability2,269$814K$61K
Reliastar Life Insurance CompanyStop-loss688$780K$39K
UnitedHealthcare Insurance CompanyAccident, Critical Illness189$136K$23K
Fidelity Security Life Insurance CompanyVision651$65K$9K
Perspectives,ltdEmployee Assistance Program1,315$40K—
Metropolitan General Insurance CompanyPrepaid Legal Services149$37K$4K

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,216 participants × $2,371 national average per member. Usually higher once dependents are counted.

$75K–$185K/ year

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

Brands with a generic available$22K–$55K
Lower-cost therapeutic alternatives$32K–$67K
Generic pricing vs. actual cost$14K–$42K
PBM contract terms$7K–$22K
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
Leep Enterprises, LLC
Sponsor EIN
27-1481094
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-1481094 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Leep Enterprises, 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 Leep Enterprises, LLC.

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