Thrive Counseling LLC

Lynchburg, VA Health careNAICS 621330

Self-funded health planPlan year 2025Renews December
2,915Participants0% vs. prior year
$6.9MEst. pharmacy spend / yrParticipants × national avg.
Dec 2026Next renewalPlan year begins December 1
#12 of 34Health care in VABy participants

Overview

Thrive Counseling LLC sponsors a self-funded health plan that covered 2,915 participants in plan year 2025, about the same as the prior year. The plan year starts in December. 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
2,915 · prior year 2,915
Plan year
Begins December 1 · next renewal December 2026
Health plans filed
Thriveworks Wrap Plan, plan 501 (2,915 participants)
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-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 disability2,915$56K—
UnitedHealthcare Insurance CompanyAccident, Critical Illness, Hospital, Dental, Vision2,915$16K—
United Behavioral Health DBA OptumEmployee Assistance Program2,915$4K—
LegalshieldLegal2,915——

Pharmacy benefit estimate

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

$6.9M/ year

Estimated prescription spend: 2,915 participants × $2,371 national average per member. Usually higher once dependents are counted.

$180K–$443K/ year

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

Brands with a generic available$53K–$131K
Lower-cost therapeutic alternatives$77K–$160K
Generic pricing vs. actual cost$33K–$100K
PBM contract terms$17K–$52K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning December 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Thrive Counseling LLC
Sponsor EIN
26-3447487
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-3447487 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Thrive Counseling LLC'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 Thrive Counseling LLC.

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