TMG Insurance Services, LLC
Overview
TMG Insurance Services, LLC sponsors a self-funded health plan that covered 514 participants in plan year 2025, down 18% from the prior year. 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
- 514 · prior year 629
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- TMG Insurance Services, LLC Wrap Plan, plan 507 (514 participants)
- Stop-loss carrier
- Wellmark Blue Cross Blue Shield of Iowa
- Broker compensation
- $49K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Wellmark Blue Cross Blue Shield of Iowa | Medical, Stop-loss | 317 | $2.9M | — |
| Principal Life Insurance Company | Life, Long-term disability | 385 | $507K | $15K |
| Standard Insurance Company | — | 111 | $97K | $22K |
| First Stop Health | Virtual Mental Health & Urgent Care | 382 | $37K | $4K |
| Veratrus Benefit Solutions | Vision | 282 | $33K | — |
| Arag Insurance Company | Legal | 131 | $24K | — |
| Delta Dental of Iowa | Dental | 312 | — | $9K |
| Rxbenefits, Inc. | Prescription drug | 314 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 514 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- TMG Insurance Services, LLC
- Sponsor EIN
- 93-4564667
- Plan number
- 507
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 93-4564667 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Mutual Group 401(k) Plan
- Type
- 401(k) plan
- Participants
- 764
About this data
Source: TMG Insurance Services, 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 TMG Insurance Services, LLC.