Wachter, Inc.

Lenexa, KS ConstructionNAICS 238900

Self-funded health planPlan year 2024Renews February
1,622ParticipantsFirst year on file
$3.8MEst. pharmacy spend / yrParticipants × national avg.
Feb 2027Next renewalPlan year begins February 1
#2 of 4Construction in KSBy participants

Overview

Wachter, Inc. sponsors a self-funded health plan that covered 1,622 participants in plan year 2024. The plan year starts in February. 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
1,622
Plan year
Begins February 1 · next renewal February 2027
Health plans filed
Wachter Health Insurance Plan, plan 502 (1,622 participants)
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Pharmacy benefit estimate

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

$3.8M/ year

Estimated prescription spend: 1,622 participants × $2,371 national average per member. Usually higher once dependents are counted.

$100K–$247K/ year

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

Brands with a generic available$29K–$73K
Lower-cost therapeutic alternatives$43K–$89K
Generic pricing vs. actual cost$18K–$55K
PBM contract terms$10K–$29K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning February 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
Wachter, Inc.
Sponsor EIN
48-1238438
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 48-1238438 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Wachter Employees' 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,785

About this data

Source: Wachter, Inc.'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 Wachter, Inc..

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