Magnum ICC US, LLC

Wilmington, DE ManufacturingNAICS 311500

Self-funded health planPlan year 2025Renews October
1,660ParticipantsFirst year on file
$3.9MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#5 of 9Manufacturing in DEBy participants

Overview

Magnum ICC US, LLC sponsors a self-funded health plan that covered 1,660 participants in plan year 2025. 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
1,660
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
The Magnum Ice Cream Company (tmicc) Health and Welfare Benefit Plan, plan 501 (1,660 participants)
Broker compensation
$7K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Short-term disability, Long-term disability3,363$357K$62
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,765$30K$2K
UnitedHealthcare Insurance CompanyAccident, Critical Illness, Hospital154$22K$4K
MetLife Legal PlansLegal65$3K$557

Pharmacy benefit estimate

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

$3.9M/ year

Estimated prescription spend: 1,660 participants × $2,371 national average per member. Usually higher once dependents are counted.

$102K–$252K/ year

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

Brands with a generic available$30K–$75K
Lower-cost therapeutic alternatives$44K–$91K
Generic pricing vs. actual cost$19K–$57K
PBM contract terms$10K–$30K
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 2025
Plan sponsor
Magnum ICC US, LLC
Sponsor EIN
33-2842367
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 33-2842367 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Magnum ICC US, 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 Magnum ICC US, LLC.

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