Carco Group, Inc.

Holtsville, NY Professional servicesNAICS 541990

Self-funded health planPlan year 2025Renews June
1,082Participants+3% vs. prior year
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#40 of 70Professional services in NYBy participants

Overview

Carco Group, Inc. sponsors a self-funded health plan that covered 1,082 participants in plan year 2025, up 3% from the prior year. The plan year starts in June. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,082 · prior year 1,056
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Carco Group, Inc. Health Plan, plan 504 (1,082 participants)
Broker compensation
$7K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of PennsylvaniaDental427$154K—
New York Life Group Insurance Company of NYLife, Long-term disability, Voluntary AD&D541$86K$7K
Vision Service PlanVision404$23K—

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,082 participants × $2,371 national average per member. Usually higher once dependents are counted.

$67K–$164K/ year

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

Brands with a generic available$19K–$49K
Lower-cost therapeutic alternatives$28K–$60K
Generic pricing vs. actual cost$12K–$37K
PBM contract terms$6K–$19K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Carco Group, Inc.
Sponsor EIN
11-2504343
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 11-2504343 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Carco Group, Inc. Profit Sharing and 401(k) Plan
Type
401(k) plan
Participants
789

About this data

Source: Carco Group, Inc.'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 Carco Group, Inc..

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