Thompsongas, LLC

Frederick, MD UtilitiesNAICS 221210

Self-funded health planPlan year 2024Renews June
1,270ParticipantsFirst year on file
$3.0MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#1 of 2Utilities in MDBy participants

Overview

Thompsongas, LLC sponsors a self-funded health plan that covered 1,270 participants in plan year 2024. The plan year starts in June. 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
1,270
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Thompsongas, LLC Health & Welfare Plan, plan 501 (1,270 participants)
Broker compensation
$188K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Short-term disability, Long-term disability1,270$1.1M$120K
Metropolitan Life Insurance CompanyDental840$596K$60K
Fidelity Security Life Insurance CompanyVision722$120K$8K

Pharmacy benefit estimate

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

$3.0M/ year

Estimated prescription spend: 1,270 participants × $2,371 national average per member. Usually higher once dependents are counted.

$78K–$193K/ year

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

Brands with a generic available$23K–$57K
Lower-cost therapeutic alternatives$33K–$70K
Generic pricing vs. actual cost$14K–$43K
PBM contract terms$8K–$23K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Thompsongas, LLC
Sponsor EIN
47-5059833
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-5059833 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Thompsongas LLC 401(k) Plan
Type
401(k) plan
Participants
1,534

About this data

Source: Thompsongas, 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 Thompsongas, LLC.

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