CTI Clinical Trial Services, Inc.

Covington, KY Health careNAICS 621498

Self-funded health planPlan year 2025Renews January
624Participants0% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#22 of 33Health care in KYBy participants

Overview

CTI Clinical Trial Services, Inc. sponsors a self-funded health plan that covered 624 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
624 · prior year 625
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
CTI Clinical Services Welfare Benefit Plan, plan 501 (624 participants)
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
Metropolitan Life Insurance CompanyDental1,416$527K$17K
Life Insurance Company of North AmericaShort-term disability, Long-term disability, Life, Accidental Death & Dismemberment624$477K$44K
Cigna Health and Life Insurance CompanyAccidental Injury, Employee Assistance P, Critical Illness454$135K$23K
Fidelity Security Life Insurance CompanyVision927$46K$6K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 624 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$95K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$16K–$34K
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
CTI Clinical Trial Services, Inc.
Sponsor EIN
31-1670693
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 31-1670693 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
CTI Clinical Trial Services, Inc. 401(k) Plan
Type
401(k) plan
Participants
778

About this data

Source: CTI Clinical Trial 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 CTI Clinical Trial Services, Inc..

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