Corestates, Inc.

Duluth, GA Professional servicesNAICS 541330

Self-funded health planPlan year 2025Renews January
572Participants+73% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#22 of 28Professional services in GABy participants

Overview

Corestates, Inc. sponsors a self-funded health plan that covered 572 participants in plan year 2025, up 73% 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
572 · prior year 331
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Corestates, Inc. Welfare Benefit Plan, plan 501 (572 participants)
Broker compensation
$142K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance Company and AffiliatesDental529$342K$34K
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability572$231K$62K
Cigna Health and Life Insurance CompanyCritical Illness, Accident, Hospital572$39K$8K
Aetna Life Insurance CompanyVision887$9K$37K
Arag Insurance CompanyLegal92$7K$1K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 572 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$87K/ year

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

Brands with a generic available$10K–$26K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
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
Corestates, Inc.
Sponsor EIN
58-2484016
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 58-2484016 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Corestates, Inc. Retirement Savings Plan
Type
401(k) plan
Participants
571

About this data

Source: Corestates, 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 Corestates, Inc..

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