Tilson Technology Management, Inc.

Portland, ME Professional servicesNAICS 541990

Self-funded health planPlan year 2024Renews January
1,231ParticipantsFirst year on file
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 1Professional services in MEBy participants

Overview

Tilson Technology Management, Inc. sponsors a self-funded health plan that covered 1,231 participants in plan year 2024. 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
1,231
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Tilson Technology Management, Inc. Consolidated Welfare Benefits Plan, plan 505 (1,231 participants)
Broker compensation
$3K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental Plan of MaineDental1,560$720K—
Lincoln National Life Insurance CompanyLife, Long-term disability1,112$316K$3K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,435$110K—

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,231 participants × $2,371 national average per member. Usually higher once dependents are counted.

$76K–$187K/ year

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

Brands with a generic available$22K–$55K
Lower-cost therapeutic alternatives$32K–$68K
Generic pricing vs. actual cost$14K–$42K
PBM contract terms$7K–$22K
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 2024
Plan sponsor
Tilson Technology Management, Inc.
Sponsor EIN
01-0509537
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 01-0509537 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Tilson Technology Management, Inc.'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 Tilson Technology Management, Inc..

Request a correction · Methodology