Damar Services, Inc.

Indianapolis, IN Health careNAICS 621498

Self-funded health planPlan year 2025Renews January
1,017Participants+14% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#21 of 36Health care in INBy participants

Overview

Damar Services, Inc. sponsors a self-funded health plan that covered 1,017 participants in plan year 2025, up 14% 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
1,017 · prior year 888
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Damar Services Health and Welfare Plan, plan 501 (1,017 participants)
Broker compensation
$118K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Symetra Life Insurance CompanyLife, Short-term disability, Long-term disability1,017$848K$54K
Delta Dental of IndianaDental1,044$286K$9K
Sun Life Assurance Company of CanadaAccident, Critical Illness, Hospital Ind281$164K$53K
Vision Service PlanVision587$73K$2K
Ascension St. Vincent EAPEmployee Assistance Program820$19K—

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,017 participants × $2,371 national average per member. Usually higher once dependents are counted.

$63K–$155K/ year

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

Brands with a generic available$18K–$46K
Lower-cost therapeutic alternatives$27K–$56K
Generic pricing vs. actual cost$12K–$35K
PBM contract terms$6K–$18K
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
Damar Services, Inc.
Sponsor EIN
35-1168048
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-1168048 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Damar 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 Damar Services, Inc..

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