Raymond Management Company, Inc.

Madison, WI Real estateNAICS 531310

Self-funded health planPlan year 2025Renews January
932Participants+0% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 2Real estate in WIBy participants

Overview

Raymond Management Company, Inc. sponsors a self-funded health plan that covered 932 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
932 · prior year 930
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Raymond Management Company, Inc. Health Insurance Plan, plan 550 (932 participants)
Stop-loss carrier
QBE Insurance
Broker compensation
$115K 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
QBE InsuranceStop-loss534$1.3M—
Unum Insurance CompanyHospital Indemnity, Critical Illness, Accident534$179K$75K
Unum Life Insurance Company of AmericaLong Term Care, Short-term disability, Life, Long-term disability260$170K$32K
Wyssta Insurance Company Inc.Vision563$73K$8K
First Stop Health, LLCVirtual Urgent Care & Virtual Mental Hea558$53K—

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 932 participants × $2,371 national average per member. Usually higher once dependents are counted.

$57K–$142K/ year

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

Brands with a generic available$17K–$42K
Lower-cost therapeutic alternatives$25K–$51K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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
Raymond Management Company, Inc.
Sponsor EIN
39-1424051
Plan number
550
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1424051 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Raymond Retirement Plan
Type
401(k) plan
Participants
1,610

About this data

Source: Raymond Management Company, Inc.'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 Raymond Management Company, Inc..

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