Agri-Mark, Inc.

Andover, MA ManufacturingNAICS 311500

Self-funded health planPlan year 2025Renews January
1,005Participants+5% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#30 of 48Manufacturing in MABy participants

Overview

Agri-Mark, Inc. sponsors a self-funded health plan that covered 1,005 participants in plan year 2025, up 5% from the prior year. The plan year starts in January. 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
1,005 · prior year 955
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Agri-Mark, Inc. Welfare Benefits Plan, plan 501 (1,005 participants)
Broker compensation
$326K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability943$631K$153K
Continental American Insurance CompanyShort-term disability636$444K$138K
Provident Life and Accident Insurance CompanyLife243$83K$27K
Vision Service PlanVision695$80K$2K
Metropolitan General Insurance CompanyLegal102$28K$3K
Curalinc, LLCEmployee Assistance Program1,663$22K—
Federal Insurance CompanyBusiness Travel Accident1,005——

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,005 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$153K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$26K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Agri-Mark, Inc.
Sponsor EIN
04-2704972
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-2704972 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Agri-Mark, Inc. Retirement Savings Plan
Type
401(k) plan
Participants
1,626

About this data

Source: Agri-Mark, Inc.'s Form 5500 filing for plan year 2025 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 Agri-Mark, Inc..

Request a correction · Methodology