Daymark Recovery Services, Inc.

Salisbury, NC Health careNAICS 621330

Self-funded health planPlan year 2025Renews January
1,013Participants+15% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#23 of 46Health care in NCBy participants

Overview

Daymark Recovery Services, Inc. sponsors a self-funded health plan that covered 1,013 participants in plan year 2025, up 15% 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
1,013 · prior year 883
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Daymark Recovery Services, Inc. Welfare Benefit Plan, plan 501 (1,013 participants)
Broker compensation
$75K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability1,017$399K$68K
Eyemed Vision Care / Fidelity Security Life Insurance CompanyVision858$40K$7K

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,013 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$154K/ 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
Daymark Recovery Services, Inc.
Sponsor EIN
02-0707661
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 02-0707661 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Daymark 401(k) Plan
Type
401(k) plan
Participants
1,448

About this data

Source: Daymark Recovery 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 Daymark Recovery Services, Inc..

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