Affiliated Monitoring, Inc.

New York, NY Business servicesNAICS 561600

Self-funded health planPlan year 2024Renews August
663ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#7 of 9Business services in NYBy participants

Overview

Affiliated Monitoring, Inc. sponsors a self-funded health plan that covered 663 participants in plan year 2024. The plan year starts in August. 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
663
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Affiliated Monitoring, Inc. Health and Welfare Plan, plan 501 (663 participants)
Stop-loss carrier
Aetna Life Insurance Company
Broker compensation
$205K across insured contracts
MedicalLife insuranceDentalVisionDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Aetna Life Insurance CompanyDental, Hospital Indemnity, Critical Illness, Stop-loss926$1.5M$172K
Metropolitan Life Insurance CompanyLife, Short-term disability975$156K$29K
FSL New York - NVAVision441$46K$4K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 663 participants × $2,371 national average per member. Usually higher once dependents are counted.

$41K–$101K/ year

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

Brands with a generic available$12K–$30K
Lower-cost therapeutic alternatives$17K–$36K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 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
Affiliated Monitoring, Inc.
Sponsor EIN
11-2406505
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 11-2406505 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Affiliated Monitoring, Inc. 401(k) Plan
Type
401(k) plan
Participants
664

About this data

Source: Affiliated Monitoring, 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 Affiliated Monitoring, Inc..

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