Grade a Market, Incorporated

Norwalk, CT RetailNAICS 445110

Self-funded health planPlan year 2025Renews January
717Participants-11% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 5Retail in CTBy participants

Overview

Grade a Market, Incorporated sponsors a self-funded health plan that covered 717 participants in plan year 2025, down 11% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
717 · prior year 802
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Grade a Market, Health and Welfare Plan, plan 502 (717 participants)
Broker compensation
$23K across insured contracts
MedicalLife insuranceDentalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyDental1,132$327K$15K
The HartfordLife648$84K—
EyemedVision881$80K—
Reliance Standard Life Insurance CompanyLong-term disability131$68K$8K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 717 participants × $2,371 national average per member. Usually higher once dependents are counted.

$44K–$109K/ year

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

Brands with a generic available$13K–$32K
Lower-cost therapeutic alternatives$19K–$39K
Generic pricing vs. actual cost$8K–$24K
PBM contract terms$4K–$13K
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
Grade a Market, Incorporated
Sponsor EIN
06-0755573
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 06-0755573 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Grade a Market, Incorporated 401(k) Plan
Type
401(k) plan
Participants
1,779

About this data

Source: Grade a Market, Incorporated'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 Grade a Market, Incorporated.

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