Gray Media, Inc.

Atlanta, GA Information & technologyNAICS 515100

Self-funded health planPlan year 2025Renews January
11,198Participants+1% vs. prior year
$26.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 9Information & technology in GABy participants

Overview

Gray Media, Inc. sponsors a self-funded health plan that covered 11,198 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
11,198 · prior year 11,128
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Gray Media Inc. Group Insurance Plan, plan 501 (11,198 participants)
Stop-loss carrier
Sun Life Assurance Company of Canada
Broker compensation
$957K 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
Lincoln National Life Insurance CompanyLife, Long-term disability, Leave Services, Short-term disability9,328$5.2M$45K
Cigna Health and Life Insurance Company and AffiliatesDental6,774$3.6M—
Sun Life Assurance Company of CanadaStop-loss7,212$3.5M$554K
Bankers Fidelity Life Insurance CompanyLife7,679$2.1M$357K
University Health AllianceMedical, Prescription drug125$1.1M—
Vision Service PlanVision6,005$586K—
Kaiser Foundation Health Plan, Inc.Medical, Prescription drug49$302K—
Curalinc HealthcareEAP9,701$151K—
Corpcare Associates, Inc.EAP9,701$76K—
Blue Cross Blue Shield Healthcare Plan of Georgia, Inc. (g0386)Medical, PPO7,187$38K—

Pharmacy benefit estimate

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

$26.6M/ year

Estimated prescription spend: 11,198 participants × $2,371 national average per member. Usually higher once dependents are counted.

$690K–$1.7M/ year

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

Brands with a generic available$202K–$504K
Lower-cost therapeutic alternatives$295K–$616K
Generic pricing vs. actual cost$127K–$382K
PBM contract terms$66K–$199K
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
Gray Media, Inc.
Sponsor EIN
58-0285030
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 58-0285030 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gray Media 401(k) Savings Plan
Type
401(k) plan
Participants
19,489

About this data

Source: Gray Media, 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 Gray Media, Inc..

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