Management & Training Corporation

Centerville, UT EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
2,105Participants-5% vs. prior year
$5.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 1Education in UTBy participants

Overview

Management & Training Corporation sponsors a self-funded health plan that covered 2,105 participants in plan year 2025, down 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
2,105 · prior year 2,213
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Management & Training Corp. Employee Group Ins. Plan, plan 501 (2,105 participants); Management & Training Corporation Flexible Spending Plan, plan 503 (296 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company and Affiliates
Broker compensation
$256K 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
Reliastar Life Insurance CompanyLife, Critical Illness, Accident, Hospital Con4,072$1.6M$211K
Kaiser Foundation Health Plan of HawaiiMedical, Prescription drug, Dental125$1.2M—
Life Insurance Company of North AmericaShort-term disability, Long-term disability3,743$787K$39K
Continental American Insurance CompanyShort-term disability, Long-term disability5,838$352K—
Cigna Health and Life Insurance Company and AffiliatesDental, Vision, HMO, Stop-loss, Medical2,463$289K—

Pharmacy benefit estimate

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

$5.0M/ year

Estimated prescription spend: 2,105 participants × $2,371 national average per member. Usually higher once dependents are counted.

$130K–$320K/ year

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

Brands with a generic available$38K–$95K
Lower-cost therapeutic alternatives$55K–$116K
Generic pricing vs. actual cost$24K–$72K
PBM contract terms$12K–$37K
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
Management & Training Corporation
Sponsor EIN
87-0365322
Plan numbers
501, 503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-0365322 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Management & Training Corporation'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 Management & Training Corporation.

Request a correction · Methodology