AP Therapy LLC

Broadview HTS, OH Health careNAICS 621340

Self-funded health planPlan year 2024Renews June
511ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#87 of 89Health care in OHBy participants

Overview

AP Therapy LLC sponsors a self-funded health plan that covered 511 participants in plan year 2024. The plan year starts in June. 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
511
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
AP Therapy Core, plan 501 (511 participants)
Broker compensation
$11K across insured contracts
MedicalLife insuranceDentalVisionDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
UnitedHealthcare Insurance CompanyDental, Vision750$206K$10K
The Guardian Life Insurance Company of AmericaLife441$9K$1K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 511 participants × $2,371 national average per member. Usually higher once dependents are counted.

$32K–$78K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
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
AP Therapy LLC
Sponsor EIN
88-3978140
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 88-3978140 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
AP Therapy LLC 401k Profit Sharing Plan
Type
401(k) plan
Participants
1,948

About this data

Source: AP Therapy LLC'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 AP Therapy LLC.

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