Captain D's, LLC

Nashville, TN HospitalityNAICS 722511

Self-funded health planPlan year 2025Renews January

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896Participants-5% vs. prior year

$2.1MEst. pharmacy spend / yrParticipants × national avg.

Jan 2027Next renewalPlan year begins January 1

#6 of 8Hospitality in TNBy participants

Overview

Captain D's, LLC sponsors a self-funded health plan that covered 896 participants in plan year 2025, down 6% 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: 896 · prior year 948
Plan year: Begins January 1 · next renewal January 2027
Health plans filed: Captain D's, LLC Welfare Benefits Plan, plan 511 (896 participants)
Broker compensation: $974 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.

Carrier	Coverage	Covered	Premium	Broker comp
The Lincoln National Life Insurance Company	Short-term disability, Long-term disability	834	$225K	$4K
UnitedHealthcare Insurance Company	Vision, Life	835	$163K	$-3K

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 896 participants × $2,371 national average per member. Usually higher once dependents are counted.

$55K–$136K/ year

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

Brands with a generic available$16K–$40K

Lower-cost therapeutic alternatives$24K–$49K

Generic pricing vs. actual cost$10K–$31K

PBM contract terms$5K–$16K

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: Captain D's, LLC
Sponsor EIN: 52-2262786
Plan number: 511
Filed with: U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 52-2262786 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Captain D's, 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 Captain D's, LLC.

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