Discount Drug Mart, Inc.

Medina, OH RetailNAICS 446110

Self-funded health planPlan year 2025Renews January
1,169Participants+0% vs. prior year
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#20 of 31Retail in OHBy participants

Overview

Discount Drug Mart, Inc. sponsors a self-funded health plan that covered 1,169 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
1,169 · prior year 1,167
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Discount Drug Mart, Inc. Employee Welfare Plan, plan 501 (1,169 participants)
Stop-loss carrier
Medical Mutual of Ohio
Broker compensation
$193K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Medical Mutual of OhioStop-loss1,166$1.1M$51K
Guardian Life Insurance Company of AmericaDental1,113$578K$41K
The Guardian Life Insurance Company of AmericaShort-term disability, Long-term disability550$489K$65K
Medmutual Life Insurance CompanyLife2,102$170K$14K
Eyemed Vision Care Behalf of Fidelity Security Life Insurance CompanyVision1,442$93K$9K
American United Life Insurance CompanyShort-term disability279$84K$13K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,169 participants × $2,371 national average per member. Usually higher once dependents are counted.

$72K–$178K/ year

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

Brands with a generic available$21K–$53K
Lower-cost therapeutic alternatives$31K–$64K
Generic pricing vs. actual cost$13K–$40K
PBM contract terms$7K–$21K
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
Discount Drug Mart, Inc.
Sponsor EIN
34-1032966
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1032966 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Discount Drug Mart, 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 Discount Drug Mart, Inc..

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