Lessen, LLC.

Scottsdale, AZ Real estateNAICS 531310

Self-funded health planPlan year 2025Renews August
767Participants-15% vs. prior year
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#6 of 6Real estate in AZBy participants

Overview

Lessen, LLC. sponsors a self-funded health plan that covered 767 participants in plan year 2025, down 15% from the prior year. The plan year starts in August. 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
767 · prior year 899
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Lessen, LLC Health and Welfare Plan, plan 501 (767 participants)
Broker compensation
$45K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Bluecross Blueshield of ArizonaDental989$199K$13K
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability790$155K$22K
Unum Insurance CompanyAccident, Critical Illness, Hospital181$48K$6K
Equitable Financial Life Insurance Company of AmericaVision517$30K$4K
Arag Insurance CompanyLegal112$5K$548

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 767 participants × $2,371 national average per member. Usually higher once dependents are counted.

$47K–$117K/ year

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

Brands with a generic available$14K–$35K
Lower-cost therapeutic alternatives$20K–$42K
Generic pricing vs. actual cost$9K–$26K
PBM contract terms$5K–$14K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Lessen, LLC.
Sponsor EIN
84-3881497
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-3881497 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Lessen, 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 Lessen, LLC..

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