Apex Systems, LLC

Glen Allen, VA Business servicesNAICS 561300

Self-funded health planPlan year 2025Renews January
566Participants+57% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#9 of 12Business services in VABy participants

Overview

Apex Systems, LLC sponsors a self-funded health plan that covered 566 participants in plan year 2025, up 57% 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
566 · prior year 360
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Apex Flexible Spending Account Plan, plan 502 (566 participants)
Broker compensation
$670K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of VirginiaDental5,146$2.8M$196K
Life Insurance Company of North AmericaLife, ( Vacc ) Voluntary AD&D, Short-term disability, Long-term disability4,020$2.4M$195K
Unum Insurance CompanyAccident, Critical Illness, Hospital2,595$1.8M$224K
Vision Service PlanVision2,951$593K$55K
Curalinc LLCEAP13,223$251K—

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 566 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$86K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
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 Systems, LLC
Sponsor EIN
54-1773546
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 54-1773546 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Contract Employee Retirement Savings Plan
Type
401(k) plan
Participants
26,375

About this data

Source: Apex Systems, 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 Systems, LLC.

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