Coleman Professional Services, Inc.

Kent, OH Health careNAICS 621498

Self-funded health planPlan year 2025Renews January
628Participants0% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#75 of 89Health care in OHBy participants

Overview

Coleman Professional Services, Inc. sponsors a self-funded health plan that covered 628 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
628 · prior year 628
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Coleman Professional Services Health and Welfare Plan, plan 506 (628 participants); Coleman Professional Services, Inc. - Veba, plan 501 (469 participants)
Stop-loss carrier
Wellpoint Life and Health Insurance Company
Broker compensation
$90K 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
Wellpoint Life and Health Insurance CompanyMedical, Prescription drug, Stop-loss469$1.4M—
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability615$540K$76K
Delta Dental of OhioDental751$189K$9K
Metropolitan Life Insurance CompanyVision704$45K$4K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 628 participants × $2,371 national average per member. Usually higher once dependents are counted.

$39K–$95K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$17K–$35K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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
Coleman Professional Services, Inc.
Sponsor EIN
34-1240178
Plan numbers
506, 501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1240178 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Coleman Professional Services Employees 403(b) Plan
Type
Defined contribution plan
Participants
1,334

About this data

Source: Coleman Professional Services, 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 Coleman Professional Services, Inc..

Request a correction · Methodology