Artech, LLC

Morristown, NJ Professional servicesNAICS 541600

Self-funded health planPlan year 2025Renews January
3,707Participants+0% vs. prior year
$8.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 32Professional services in NJBy participants

Overview

Artech, LLC sponsors a self-funded health plan that covered 3,707 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
3,707 · prior year 3,693
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Artech Health & Welfare Plan, plan 501 (3,707 participants)
Broker compensation
$210K 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
Life Insurance Company of North AmericaLife, Long-term disability, Accidental Death and Dismemberment, Empl, Short-term disability, Accident, Critical Illness, Hospital Indemnity3,661$859K$140K
Reserve National Insurance CompanyLife, Accident, Critical Illness147$172K$56K
Vision Service PlanVision979$131K$13K

Pharmacy benefit estimate

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

$8.8M/ year

Estimated prescription spend: 3,707 participants × $2,371 national average per member. Usually higher once dependents are counted.

$229K–$563K/ year

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

Brands with a generic available$67K–$167K
Lower-cost therapeutic alternatives$98K–$204K
Generic pricing vs. actual cost$42K–$127K
PBM contract terms$22K–$66K
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
Artech, LLC
Sponsor EIN
22-3338103
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-3338103 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Artech, LLC 401k Savings Plan
Type
401(k) plan
Participants
4,616

About this data

Source: Artech, 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 Artech, LLC.

Request a correction · Methodology