The Centers for Families and Children

Cleveland, OH Health careNAICS 624100

Self-funded health planPlan year 2025Renews January
699Participants+5% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#70 of 89Health care in OHBy participants

Overview

The Centers for Families and Children sponsors a self-funded health plan that covered 699 participants in plan year 2025, up 5% from 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
699 · prior year 668
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
The Centers for Families and Children Health and Welfare Benefit Plan, plan 506 (699 participants)
Broker compensation
$88K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaDental, Life, Short-term disability, Long-term disability699$627K$83K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision560$44K$5K
Allone Health EAPEmployee Assistance Program680$22K—

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 699 participants × $2,371 national average per member. Usually higher once dependents are counted.

$43K–$106K/ year

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

Brands with a generic available$13K–$31K
Lower-cost therapeutic alternatives$18K–$38K
Generic pricing vs. actual cost$8K–$24K
PBM contract terms$4K–$12K
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
The Centers for Families and Children
Sponsor EIN
23-7084455
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-7084455 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Centers for Families and Children Defined Contribution Retirement Plan
Type
401(k) plan
Participants
961

About this data

Source: The Centers for Families and Children'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 The Centers for Families and Children.

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