Developmental Services Inc.

Columbus, IN Health careNAICS 621340

Self-funded health planPlan year 2024Renews July
659ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#29 of 36Health care in INBy participants

Overview

Developmental Services Inc. sponsors a self-funded health plan that covered 659 participants in plan year 2024. The plan year starts in July. 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
659
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Developmental Services Inc. Employee Benefits Plan, plan 502 (659 participants)
Stop-loss carrier
HCC Life Insurance Company
Broker compensation
$195K 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
HCC Life Insurance CompanyStop-loss276$994K$57K
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability659$505K$138K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 659 participants × $2,371 national average per member. Usually higher once dependents are counted.

$41K–$100K/ year

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

Brands with a generic available$12K–$30K
Lower-cost therapeutic alternatives$17K–$36K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$12K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Developmental Services Inc.
Sponsor EIN
35-1359391
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-1359391 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Developmental Services Inc.'s Form 5500 filing for plan year 2024 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 Developmental Services Inc..

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