Davies US, LLC

Sarasota, FL Finance & insuranceNAICS 524290

Self-funded health planPlan year 2025Renews January
1,658Participants0% vs. prior year
$3.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 23Finance & insurance in FLBy participants

Overview

Davies US, LLC sponsors a self-funded health plan that covered 1,658 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
1,658 · prior year 1,658
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Davies US LLC Medical Plan, plan 508 (1,658 participants); Davies US LLC Healthcare Reimbursement Plan, plan 507 (336 participants)
Broker compensation
$290K 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
Lincoln National Life Insurance CompanyLife, Long-term disability, Short-term disability2,163$2.4M$290K
Metropolitan Life Insurance CompanyDental1,611$1.3M$121
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision2,808$130K$-5

Pharmacy benefit estimate

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

$3.9M/ year

Estimated prescription spend: 1,658 participants × $2,371 national average per member. Usually higher once dependents are counted.

$102K–$252K/ year

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

Brands with a generic available$30K–$75K
Lower-cost therapeutic alternatives$44K–$91K
Generic pricing vs. actual cost$19K–$57K
PBM contract terms$10K–$29K
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
Davies US, LLC
Sponsor EIN
84-3008893
Plan numbers
508, 507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-3008893 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Davies US, 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 Davies US, LLC.

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