Array Corporation

Claymont, DE Business servicesNAICS 561300

Self-funded health planPlan year 2025Renews January
1,060Participants+82% vs. prior year
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 2Business services in DEBy participants

Overview

Array Corporation sponsors a self-funded health plan that covered 1,060 participants in plan year 2025, up 82% 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
1,060 · prior year 582
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Array Corporation Temp Welfare Plan, plan 506 (1,060 participants); Array Corporation Internal Welfare Plan, plan 507 (315 participants)
Broker compensation
$69K 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
Cigna Health and Life Insurance Company and AffiliatesDental, Vision160$129K$13K
United Healthcare Insurance CompanyDental, Vision712$113K$38K
Life Insurance Company of North AmericaShort-term disability, Life, Long-term disability, AD&D387$102K$13K
Cigna Health and Life Insurance CompanyAccidental Injury, Critical Illness343$23K$5K

Pharmacy benefit estimate

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

$2.5M/ year

Estimated prescription spend: 1,060 participants × $2,371 national average per member. Usually higher once dependents are counted.

$65K–$161K/ year

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

Brands with a generic available$19K–$48K
Lower-cost therapeutic alternatives$28K–$58K
Generic pricing vs. actual cost$12K–$36K
PBM contract terms$6K–$19K
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
Array Corporation
Sponsor EIN
85-1708368
Plan numbers
506, 507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 85-1708368 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Array Corporation'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 Array Corporation.

Request a correction · Methodology