Trustmark Corporation

Jackson, MS Finance & insuranceNAICS 522110

Self-funded health planPlan year 2025Renews January
520Participants-16% vs. prior year
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 9Finance & insurance in MSBy participants

Overview

Trustmark Corporation sponsors a self-funded health plan that covered 520 participants in plan year 2025, down 16% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
520 · prior year 622
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Trustmark Corporation and Subsidiaries Flexible Benefits Plan, plan 510 (520 participants)
Broker compensation
$339K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
GuardianLong-term disability, Dental, Vision, Life2,457$2.7M$267K
Berkley Life and Health Insurance CompanyMedical1,935$725K—
Reliastar Life Insurance CompanyMedical705$360K$65K
NationwideVadd, BTA2,695$131K$7K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 520 participants × $2,371 national average per member. Usually higher once dependents are counted.

$32K–$79K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
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 2025
Plan sponsor
Trustmark Corporation
Sponsor EIN
64-0471500
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 64-0471500 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Trustmark 401(k) Plan
Type
401(k) plan
Participants
3,173

About this data

Source: Trustmark Corporation'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 Trustmark Corporation.

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