Mediaocean LLC

Chicago, IL Information & technologyNAICS 518210

Self-funded health planPlan year 2025Renews January
684Participants-1% vs. prior year
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 7Information & technology in ILBy participants

Overview

Mediaocean LLC sponsors a self-funded health plan that covered 684 participants in plan year 2025, about the same as 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
684 · prior year 692
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mediaocean LLC Benefit Program, plan 501 (684 participants)
Broker compensation
$86K 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
Metropolitan Life Insurance CompanyDental1,358$768K$7K
Prudential Insurance Company of AmericaLife, Long-term disability657$260K$42K
Cigna Health and Life Insurance CompanyAccident, Critical Illness, Hospital657$158K$33K
Cigna Health and Life Insurance Company and AffiliatesVision1,248$78K—
Metropolitan General Insurance CompanyLegal106$26K$3K
Zurich American Insurance CompanyBusiness Travel Accident1,268$3K$597

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 684 participants × $2,371 national average per member. Usually higher once dependents are counted.

$42K–$104K/ year

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

Brands with a generic available$12K–$31K
Lower-cost therapeutic alternatives$18K–$38K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
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
Mediaocean LLC
Sponsor EIN
45-4647729
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 45-4647729 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Mediaocean 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 Mediaocean LLC.

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