Industrial Staffing Services, Inc.

East Brunswick, NJ Professional servicesNAICS 541990

Self-funded health planPlan year 2025Renews January
968Participants+11% vs. prior year
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#19 of 32Professional services in NJBy participants

Overview

Industrial Staffing Services, Inc. sponsors a self-funded health plan that covered 968 participants in plan year 2025, up 11% 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
968 · prior year 871
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Industrial Staffing Services, Inc. DBA Equiliem Health and Welfare Benefit Plan, plan 502 (968 participants)
Broker compensation
$29K 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
Cigna Health and Life Insurance Company and AffiliatesDental265$192K—
Metropolitan Life Insurance CompanyHospital, Vision, Life, Short-term disability, Long-term disability, Accident, Critical Illness240$145K$29K

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 968 participants × $2,371 national average per member. Usually higher once dependents are counted.

$60K–$147K/ year

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

Brands with a generic available$17K–$44K
Lower-cost therapeutic alternatives$25K–$53K
Generic pricing vs. actual cost$11K–$33K
PBM contract terms$6K–$17K
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
Industrial Staffing Services, Inc.
Sponsor EIN
20-0499856
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-0499856 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Industrial Staffing Services, 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 Industrial Staffing Services, Inc..

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