Angiodynamics, Inc.

Latham, NY ManufacturingNAICS 339110

Self-funded health planPlan year 2024Renews June
760ParticipantsFirst year on file
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#32 of 45Manufacturing in NYBy participants

Overview

Angiodynamics, Inc. sponsors a self-funded health plan that covered 760 participants in plan year 2024. The plan year starts in June. 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
760
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Angiodynamics, Inc. Welfare Benefits Plan, plan 510 (760 participants)
Broker compensation
$51K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln Life & Annuity Company of New YorkVoluntary Life, Long-term disability, Voluntary Accidental Death & Dismemberme, Life, Short-term disability, Accident, Critical Illness620$859K$41K
Anthem Blue CrossVision459$53K$3K
Employee Services LLCEmployee Assistance Plan732$17K$864
Delta Dental of New YorkDental510—$6K

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 760 participants × $2,371 national average per member. Usually higher once dependents are counted.

$47K–$116K/ year

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

Brands with a generic available$14K–$34K
Lower-cost therapeutic alternatives$20K–$42K
Generic pricing vs. actual cost$9K–$26K
PBM contract terms$5K–$14K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Angiodynamics, Inc.
Sponsor EIN
11-3146460
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 11-3146460 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Angiodynamics, Inc. Retirement and Savings Plan
Type
401(k) plan
Participants
1,270

About this data

Source: Angiodynamics, 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 Angiodynamics, Inc..

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