Rummel, Klepper & Kahl, LLP Health Plan

Baltimore, MD Professional servicesNAICS 541330

Self-funded health planPlan year 2024Renews April
1,408ParticipantsFirst year on file
$3.3MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#8 of 25Professional services in MDBy participants

Overview

Rummel, Klepper & Kahl, LLP Health Plan sponsors a self-funded health plan that covered 1,408 participants in plan year 2024. The plan year starts in April. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,408
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Rummel, Klepper & Kahl, LLP Health Plan, plan 701 (1,408 participants)
Stop-loss carrier
Sun Life Assurance Company of Canada
Broker compensation
$505K across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Sun Life Assurance Company of CanadaStop-loss1,405$3.0M$321K
Metropolitan Life Insurance CompanyDental, Vision, Life, Long-term disability2,872$2.0M$175K
Massachusetts Mutual Life Insurance CompanyLong-term disability63$34K$5K
MetLife Legal PlansLegal158$33K$4K

Pharmacy benefit estimate

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

$3.3M/ year

Estimated prescription spend: 1,408 participants × $2,371 national average per member. Usually higher once dependents are counted.

$87K–$214K/ year

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

Brands with a generic available$25K–$63K
Lower-cost therapeutic alternatives$37K–$77K
Generic pricing vs. actual cost$16K–$48K
PBM contract terms$8K–$25K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Rummel, Klepper & Kahl, LLP Health Plan
Sponsor EIN
52-0599112
Plan number
701
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 52-0599112 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Rummel, Klepper & Kahl, L.l.p. Pre-Tax Savings Plan
Type
401(k) plan
Participants
2,394

About this data

Source: Rummel, Klepper & Kahl, LLP Health Plan'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 Rummel, Klepper & Kahl, LLP Health Plan.

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