Turning Point Foundation

Visalia, CA Health careNAICS 624100

Self-funded health planPlan year 2024Renews June
542ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#66 of 68Health care in CABy participants

Overview

Turning Point Foundation sponsors a self-funded health plan that covered 542 participants in plan year 2024. The plan year starts in June. 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
542
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Turning Point Foundation Group Health Care Plan, plan 501 (542 participants)
Broker compensation
$50K 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
Reliance Standard Life Insurance CompanyLong-term disability, Critical Illness, Life, Short-term disability, Accidental Death & Dismemberment, Accident, Hospital Indemnity505$252K$50K
ACI Specialty BenefitsEmployee Assistance Program635$12K—

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 542 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$82K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Turning Point Foundation
Sponsor EIN
94-2674284
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 94-2674284 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Turning Point Foundation'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 Turning Point Foundation.

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