Homeserve USA Corp.

Norwalk, CT ConstructionNAICS 238220

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
1,548Participants-40% vs. prior year
$3.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 3Construction in CTBy participants

Overview

Homeserve USA Corp. sponsors a self-funded health plan that covered 1,548 participants in plan year 2025, down 40% 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
1,548 · prior year 2,567
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Homeserve USA Corp. Welfare Benefit Plan, plan 501 (1,548 participants)
Broker compensation
$87K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,548$1.3M$66K
Vision Service PlanVision1,366$214K—
Zurich American Insurance CompanyBusiness Travel Accident1,020$4K—
United Behavioral Health DBA OptumEmployee Assistance Program1,595—$21K

Pharmacy benefit estimate

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

$3.7M/ year

Estimated prescription spend: 1,548 participants × $2,371 national average per member. Usually higher once dependents are counted.

$95K–$235K/ year

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

Brands with a generic available$28K–$70K
Lower-cost therapeutic alternatives$41K–$85K
Generic pricing vs. actual cost$18K–$53K
PBM contract terms$9K–$28K
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
Homeserve USA Corp.
Sponsor EIN
98-0381967
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 98-0381967 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Homeserve 401(k) Plan
Type
401(k) plan
Participants
1,872

About this data

Source: Homeserve USA Corp.'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 Homeserve USA Corp..

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