Secura Insurance Company

Neenah, WI Finance & insuranceNAICS 524150

Self-funded health planPlan year 2025Renews January
1,029Participants-3% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#12 of 18Finance & insurance in WIBy participants

Overview

Secura Insurance Company sponsors a self-funded health plan that covered 1,029 participants in plan year 2025, down 3% from the prior year. The plan year starts in January. 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
1,029 · prior year 1,059
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Secura Insurance Company Welfare Benefit Plan, plan 509 (1,029 participants)
Broker compensation
$24K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Standard Insurance CompanyLife, Long-term disability973$506K$22K
Care-Plus Dental Plans, Inc.Dental214$76K—
United Healthcare Insurance CompanyVision973$75K—

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,029 participants × $2,371 national average per member. Usually higher once dependents are counted.

$63K–$156K/ year

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

Brands with a generic available$19K–$46K
Lower-cost therapeutic alternatives$27K–$57K
Generic pricing vs. actual cost$12K–$35K
PBM contract terms$6K–$18K
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
Secura Insurance Company
Sponsor EIN
39-0355180
Plan number
509
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-0355180 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Secura Employees' Salary Savings Plan
Type
401(k) plan
Participants
1,283

About this data

Source: Secura Insurance Company'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 Secura Insurance Company.

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