Mission Linen Supply

Santa Barbara, CA Other servicesNAICS 812330

Self-funded health planPlan year 2024Renews July

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817ParticipantsFirst year on file

$1.9MEst. pharmacy spend / yrParticipants × national avg.

Jul 2027Next renewalPlan year begins July 1

#2 of 8Other services in CABy participants

Overview

Mission Linen Supply sponsors a self-funded health plan that covered 817 participants in plan year 2024. The plan year starts in July. 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: 817
Plan year: Begins July 1 · next renewal July 2027
Health plans filed: Mission Linen Supply Group Health, plan 501 (817 participants)
Broker compensation: $56K 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.

Carrier	Coverage	Covered	Premium	Broker comp
Reliance Standard Life Insurance Company	Life, Short-term disability, Long-term disability	830	$340K	$56K

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 817 participants × $2,371 national average per member. Usually higher once dependents are counted.

$50K–$124K/ year

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

Brands with a generic available$15K–$37K

Lower-cost therapeutic alternatives$22K–$45K

Generic pricing vs. actual cost$9K–$28K

PBM contract terms$5K–$15K

The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing: Form 5500 with Schedule A, plan year 2024
Plan sponsor: Mission Linen Supply
Sponsor EIN: 95-1942549
Plan number: 501
Filed with: U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-1942549 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan: Mission Linen Supply Salary Savings Plan
Type: 401(k) plan
Participants: 1,186

About this data

Source: Mission Linen Supply'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 Mission Linen Supply.

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