Tista Science and Technology Corporation

Rockville, MD Professional servicesNAICS 541511

Self-funded health planPlan year 2024Renews August
1,234ParticipantsFirst year on file
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#10 of 25Professional services in MDBy participants

Overview

Tista Science and Technology Corporation sponsors a self-funded health plan that covered 1,234 participants in plan year 2024. The plan year starts in August. 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
1,234
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Tista Science and Technology Corporation Employee Benefits Plan, plan 501 (1,234 participants)
Stop-loss carrier
Unum Life Insurance Company of America
Broker compensation
$284K 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
Metropolitan Life Insurance CompanyDental, Vision, Life, Short-term disability, Long-term disability, Accident; Hospital Indemnity, Critical Illness1,456$1.7M$226K

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,234 participants × $2,371 national average per member. Usually higher once dependents are counted.

$76K–$188K/ year

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

Brands with a generic available$22K–$56K
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 August 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Tista Science and Technology Corporation
Sponsor EIN
20-3485498
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-3485498 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Tista Science and Technology Corporation 401k
Type
401(k) plan
Participants
1,672

About this data

Source: Tista Science and Technology Corporation'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 Tista Science and Technology Corporation.

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