Covetrus Inc.

Dublin, OH Wholesale tradeNAICS 424990

Self-funded health planPlan year 2025Renews January
3,002Participants-4% vs. prior year
$7.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 29Wholesale trade in OHBy participants

Overview

Covetrus Inc. sponsors a self-funded health plan that covered 3,002 participants in plan year 2025, down 4% 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
3,002 · prior year 3,139
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Covetrus Inc. Health and Welfare Benefit Plan, plan 503 (3,002 participants)
Broker compensation
$239K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyShort-term disability, Life, Long-term disability, Accidental Death and Dismemberment2,385$2.4M$239K
Metropolitan Life Insurance CompanyDental1,928$1.4M—
Vision Service PlanVision1,728$198K—

Pharmacy benefit estimate

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

$7.1M/ year

Estimated prescription spend: 3,002 participants × $2,371 national average per member. Usually higher once dependents are counted.

$185K–$456K/ year

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

Brands with a generic available$54K–$135K
Lower-cost therapeutic alternatives$79K–$165K
Generic pricing vs. actual cost$34K–$102K
PBM contract terms$18K–$53K
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
Covetrus Inc.
Sponsor EIN
83-1448706
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-1448706 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Covetrus 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
3,825

About this data

Source: Covetrus 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 Covetrus Inc..

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