Wycliffe Bible Translators, Inc.

Orlando, FL Other servicesNAICS 813000

Self-funded health planPlan year 2024Renews October
1,103ParticipantsFirst year on file
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#9 of 18Other services in FLBy participants

Overview

Wycliffe Bible Translators, Inc. sponsors a self-funded health plan that covered 1,103 participants in plan year 2024. The plan year starts in October. Alongside medical, its benefits filing reports life insurance, dental, vision, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,103
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Wycliffe Bible Translators, Inc. Health and Welfare Benefit Plan, plan 504 (1,103 participants)
Broker compensation
$73K across insured contracts
MedicalLife insuranceDentalVisionDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife1,103$633K$73K

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,103 participants × $2,371 national average per member. Usually higher once dependents are counted.

$68K–$168K/ year

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

Brands with a generic available$20K–$50K
Lower-cost therapeutic alternatives$29K–$61K
Generic pricing vs. actual cost$13K–$38K
PBM contract terms$7K–$20K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Wycliffe Bible Translators, Inc.
Sponsor EIN
95-1831097
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-1831097 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Wycliffe Bible Translators, 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 Wycliffe Bible Translators, Inc..

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