Toshiba International Corporation

Houston, TX Wholesale tradeNAICS 423600

Self-funded health planPlan year 2024Renews January
989ParticipantsFirst year on file
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#27 of 45Wholesale trade in TXBy participants

Overview

Toshiba International Corporation sponsors a self-funded health plan that covered 989 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
989
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Toshiba International Corporation Group Insurance Plan for Employees, plan 501 (989 participants)
Broker compensation
$123K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-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, Short-term disability, Long-term disability1,611$1.2M$118K
Vision Service PlanVision815$115K$4K
Alpha Dental Programs, Inc.Dental188$41K$1K
Magellan HealthcareEmployee Assistance Program1,051$25K—

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 989 participants × $2,371 national average per member. Usually higher once dependents are counted.

$61K–$150K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$26K–$54K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
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
Toshiba International Corporation
Sponsor EIN
94-1652435
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 94-1652435 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Toshiba International Corporation Retirement Savings Plan
Type
401(k) plan
Participants
1,741

About this data

Source: Toshiba International 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 Toshiba International Corporation.

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