APT Management, LLC

Glen Burnie, MD Health careNAICS 621340

Self-funded health planPlan year 2025Renews January
595Participants+17% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#29 of 32Health care in MDBy participants

Overview

APT Management, LLC sponsors a self-funded health plan that covered 595 participants in plan year 2025, up 17% 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
595 · prior year 507
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
APT Management Welfare Plan, plan 501 (595 participants)
Broker compensation
$47K 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
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability595$184K$23K
Carefirst of Maryland, Inc.Dental499$151K$14K
Hartford Life and AccidentVOL. Accident, VOL. Critical Illness, VO130$37K$7K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision403$27K$3K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 595 participants × $2,371 national average per member. Usually higher once dependents are counted.

$37K–$90K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$4K–$11K
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
APT Management, LLC
Sponsor EIN
84-3484415
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-3484415 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: APT Management, 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 APT Management, LLC.

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