Daiichi Sankyo, Inc.

Basking Ridge, NJ Wholesale tradeNAICS 424210

Self-funded health planPlan year 2025Renews January
2,712Participants+6% vs. prior year
$6.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 16Wholesale trade in NJBy participants

Overview

Daiichi Sankyo, Inc. sponsors a self-funded health plan that covered 2,712 participants in plan year 2025, up 6% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,712 · prior year 2,564
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Daiichi Sankyo, Inc. Cafeteria Plan, plan 501 (2,712 participants)
Stop-loss carrier
Cigna Health & Life Insurance Company
Broker compensation
$425K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilitySeveranceOther 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 CompanyMedical, Dental416$3.5M$254K
Continental American Insurance CompanyLife, Long-term disability2,700$2.6M$119K
Cigna Health & Life Insurance CompanyStop-loss5,627$1.3M—
Hartford Life and AccidentLife, Long-term disability3,643$824K$47K
National Union Fire Ins. Co. of Pittsburgh, PAAccidental Death and Dismemberment7,775$27K$5K

Pharmacy benefit estimate

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

$6.4M/ year

Estimated prescription spend: 2,712 participants × $2,371 national average per member. Usually higher once dependents are counted.

$167K–$412K/ year

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

Brands with a generic available$49K–$122K
Lower-cost therapeutic alternatives$71K–$149K
Generic pricing vs. actual cost$31K–$93K
PBM contract terms$16K–$48K
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
Daiichi Sankyo, Inc.
Sponsor EIN
13-3914479
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-3914479 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Daiichi Sankyo, Inc. Savings and Retirement Plan
Type
401(k) plan
Participants
3,823

About this data

Source: Daiichi Sankyo, 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 Daiichi Sankyo, Inc..

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