Thompson Machinery Commerce Corporation

La Vergne, TN Wholesale tradeNAICS 423800

Self-funded health planPlan year 2025Renews January
956Participants-17% vs. prior year
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 6Wholesale trade in TNBy participants

Overview

Thompson Machinery Commerce Corporation sponsors a self-funded health plan that covered 956 participants in plan year 2025, down 17% 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
956 · prior year 1,150
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Thompson Machinery Commerce Corporation Health and Welfare Plan, plan 510 (956 participants)
Broker compensation
$217K 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
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability953$838K$113K
Delta Dental of TennesseeDental1,832$613K$33K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital865$270K$67K
Vision Service PlanVision703$87K$4K
United Behavioral Health DBA OptumEmployee Assistance Program963$17K—

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 956 participants × $2,371 national average per member. Usually higher once dependents are counted.

$59K–$145K/ year

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

Brands with a generic available$17K–$43K
Lower-cost therapeutic alternatives$25K–$53K
Generic pricing vs. actual cost$11K–$33K
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
Thompson Machinery Commerce Corporation
Sponsor EIN
62-1098634
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-1098634 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Thompson Machinery Commerce Corp. Profit Sharing Plan
Type
Defined contribution plan
Participants
1,159

About this data

Source: Thompson Machinery Commerce Corporation'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 Thompson Machinery Commerce Corporation.

Request a correction · Methodology