Apis Services, Inc.

Reading, PA Health careNAICS 621420

Self-funded health planPlan year 2024Renews July
3,434ParticipantsFirst year on file
$8.1MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#17 of 64Health care in PABy participants

Overview

Apis Services, Inc. sponsors a self-funded health plan that covered 3,434 participants in plan year 2024. The plan year starts in July. 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
3,434
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Apis Services Welfare Benefit Plan, plan 501 (3,434 participants)
Broker compensation
$121K 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
Sun Life Assurance Company of CanadaShort-term disability, Dental, Life, Long-term disability3,459$3.1M$108K
Vision Benefits of AmericaVision2,236$159K$8K
Provident Life and Accident Insurance CompanyLong-term disability47$36K$5K

Pharmacy benefit estimate

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

$8.1M/ year

Estimated prescription spend: 3,434 participants × $2,371 national average per member. Usually higher once dependents are counted.

$212K–$522K/ year

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

Brands with a generic available$62K–$155K
Lower-cost therapeutic alternatives$90K–$189K
Generic pricing vs. actual cost$39K–$117K
PBM contract terms$20K–$61K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Apis Services, Inc.
Sponsor EIN
82-1809627
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 82-1809627 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Apis Services, 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 Apis Services, Inc..

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