Independent Support Servicesm, Inc.

Monticello, NY Health careNAICS 624100

Self-funded health planPlan year 2024Renews November
500ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#137 of 137Health care in NYBy participants

Overview

Independent Support Servicesm, Inc. sponsors a self-funded health plan that covered 500 participants in plan year 2024. The plan year starts in November. 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
500
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
ISS Employee Benefits Plan, plan 504 (500 participants)
Stop-loss carrier
Sun Life and Health Insurance Company
Broker compensation
$79K 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
Sun Life and Health Insurance CompanyStop-loss441$920K$23K
Aetna Life Insurance Co.Dental654$323K$35K
Lincoln Life & Annuity Company of New YorkWeekly Income, Long-term disability, Life134$155K$18K
Vision Service PlanVision376$54K$2K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 500 participants × $2,371 national average per member. Usually higher once dependents are counted.

$31K–$76K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 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
Independent Support Servicesm, Inc.
Sponsor EIN
05-0535944
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 05-0535944 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Independent Support Services, Inc. 403(b) Plan
Type
Defined contribution plan
Participants
3,449

About this data

Source: Independent Support Servicesm, 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 Independent Support Servicesm, Inc..

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