Apex Companies, LLC

Rockville, MD Business servicesNAICS 562000

Self-funded health planPlan year 2025Renews January
1,101Participants+2% vs. prior year
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 7Business services in MDBy participants

Overview

Apex Companies, LLC sponsors a self-funded health plan that covered 1,101 participants in plan year 2025, about the same as 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
1,101 · prior year 1,080
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Apex Companies LLC Employee Benefits Plan, plan 501 (1,101 participants)
Broker compensation
$185K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaVision, Life, Short-term disability, Long-term disability1,093$661K$75K
The Guardian Life Insurance Company of AmericaDental870$649K$50K
Unum Insurance CompanyAccident, Hospital, Critical Illness275$216K$43K
Reliastar Life Insurance CompanyLife, Short-term disability, Long-term disability313$87K—
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,150$66K$14K
PRE Paid Legal Services DBA Legal ShieldLegal102$19K$2K

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,101 participants × $2,371 national average per member. Usually higher once dependents are counted.

$68K–$167K/ year

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

Brands with a generic available$20K–$50K
Lower-cost therapeutic alternatives$29K–$61K
Generic pricing vs. actual cost$13K–$38K
PBM contract terms$7K–$20K
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
Apex Companies, LLC
Sponsor EIN
52-1562320
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 52-1562320 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Apex Companies, LLC 401(k) Plan
Type
401(k) plan
Participants
2,535

About this data

Source: Apex Companies, LLC'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 Apex Companies, LLC.

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