Mclennan County Medical Education and Research Foundation
Overview
Mclennan County Medical Education and Research Foundation sponsors a self-funded health plan that covered 646 participants in plan year 2024. The plan year starts in December. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 646
- Plan year
- Begins December 1 · next renewal December 2026
- Health plans filed
- Mclennan County Medical Education and Research Foundation DBA Waco Family Medicine Plan, plan 501 (646 participants)
- Broker compensation
- $64K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Principal Life Insurance Company | Dental, Vision, PPO | 1,021 | $315K | $47K |
| Guardian | Dental, Vision, Life, Long-term disability | 516 | $118K | $6K |
| Transamerica Life Insurance Company | Life | 603 | $114K | $11K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 646 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Mclennan County Medical Education and Research Foundation
- Sponsor EIN
- 74-1873453
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 74-1873453 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Family Health Center 403(b) Plan
- Type
- Defined contribution plan
- Participants
- 834
About this data
Source: Mclennan County Medical Education and Research Foundation's Form 5500 filing for plan year 2024 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 Mclennan County Medical Education and Research Foundation.