Acclaim Technical Services, Inc.

Reston, VA Professional servicesNAICS 541930

Self-funded health planPlan year 2024Renews September
568ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#45 of 51Professional services in VABy participants

Overview

Acclaim Technical Services, Inc. sponsors a self-funded health plan that covered 568 participants in plan year 2024. The plan year starts in September. 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
568
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Acclaim Technical Services, Inc. Employee Benefits Plan, plan 501 (568 participants)
Broker compensation
$224K 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
Standard Insurance CompanyLife, Short-term disability, Long-term disability568$974K$219K
Aetna Life Insurance Co.Dental891$302K$2K
Vision Service PlanVision397$75K$2K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 568 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$86K/ year

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

Brands with a generic available$10K–$26K
Lower-cost therapeutic alternatives$15K–$31K
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 September 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
Acclaim Technical Services, Inc.
Sponsor EIN
83-0425449
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-0425449 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Acclaim Technical Services, 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 Acclaim Technical Services, Inc..

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