Teancum, LLC

Boise, ID RetailNAICS 441110

Self-funded health planPlan year 2024Renews July
566ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#6 of 7Retail in IDBy participants

Overview

Teancum, LLC sponsors a self-funded health plan that covered 566 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
566
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Teancum, LLC Health and Welfare Wrap Plan, plan 501 (566 participants)
Broker compensation
$70K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of IdahoDental203$209K—
Combined Insurance Company of AmericaAccident, Critical Illness, Hospital471$131K$35K
Blue Cross of IdahoDental740$107K$20K
United Heritage Life Insurance CompanyVision, Life566$95K$12K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 566 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$86K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
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
Teancum, LLC
Sponsor EIN
81-4637877
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-4637877 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Teancum, LLC'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 Teancum, LLC.

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