Atlantic Realty Development Corp.

Woodbridge, NJ Real estateNAICS 531310

Self-funded health planPlan year 2025Renews April
730Participants+3% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#4 of 6Real estate in NJBy participants

Overview

Atlantic Realty Development Corp. sponsors a self-funded health plan that covered 730 participants in plan year 2025, up 3% from the prior year. The plan year starts in April. Alongside medical, its benefits filing reports life insurance, dental, vision, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
730 · prior year 706
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Atlantic Realty Development Corp. Health and Welfare Benefit Plan, plan 501 (730 participants)
Broker compensation
$13K across insured contracts
MedicalLife insuranceDentalVisionDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Horizon Healthcare Services, Inc.Dental290$159K$5K
Standard Insurance CompanyLife738$103K$6K
Vision Service PlanVision306$37K$2K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 730 participants × $2,371 national average per member. Usually higher once dependents are counted.

$45K–$111K/ year

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

Brands with a generic available$13K–$33K
Lower-cost therapeutic alternatives$19K–$40K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Atlantic Realty Development Corp.
Sponsor EIN
22-2765663
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-2765663 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Atlantic Realty Development Corp.'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 Atlantic Realty Development Corp..

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