Thorpe Specialty Services Corp.

The Woodlands, TX Other servicesNAICS 811310

Self-funded health planPlan year 2025Renews January
644Participants+19% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#17 of 21Other services in TXBy participants

Overview

Thorpe Specialty Services Corp. sponsors a self-funded health plan that covered 644 participants in plan year 2025, up 19% 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
644 · prior year 541
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Thorpe Specialty Services Corporation, plan 501 (644 participants)
Broker compensation
$21K 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
Metropolitan Life Insurance CompanyLife, Long-term disability763$350K$17K
Delta Dental Insurance CompanyDental542$166K—
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision485$22K$4K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 644 participants × $2,371 national average per member. Usually higher once dependents are counted.

$40K–$98K/ year

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

Brands with a generic available$12K–$29K
Lower-cost therapeutic alternatives$17K–$35K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$11K
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
Thorpe Specialty Services Corp.
Sponsor EIN
45-3454901
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 45-3454901 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Thorpe Specialty Services Corporation 401(k) Plan
Type
401(k) plan
Participants
962

About this data

Source: Thorpe Specialty Services Corp.'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 Thorpe Specialty Services Corp..

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