Corvias Corporate Services, LLC

Warwick, RI Real estateNAICS 531390

Self-funded health planPlan year 2025Renews May
845Participants-1% vs. prior year
$2.0MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#1 of 1Real estate in RIBy participants

Overview

Corvias Corporate Services, LLC sponsors a self-funded health plan that covered 845 participants in plan year 2025, about the same as the prior year. The plan year starts in May. 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
845 · prior year 851
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Corvias Corporate Services, LLC Health and Welfare Plan, plan 501 (845 participants)
Broker compensation
$27K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Prudential Insurance Company of AmericaLife, Long-term disability782$444K$11K
Vision Service PlanVision578$148K$3K
Unum Insurance CompanyHospital100$45K$7K
Federal Insurance CompanyBusiness Travel Accident782$1K$235

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 845 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$128K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 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
Corvias Corporate Services, LLC
Sponsor EIN
92-2174940
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 92-2174940 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Corvias Savings & Retirement Plan
Type
401(k) plan
Participants
1,211

About this data

Source: Corvias Corporate Services, 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 Corvias Corporate Services, LLC.

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