James River Equipment

Ashland, VA ManufacturingNAICS 333900

Self-funded health planPlan year 2025Renews March
1,638Participants+10% vs. prior year
$3.9MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#14 of 33Manufacturing in VABy participants

Overview

James River Equipment sponsors a self-funded health plan that covered 1,638 participants in plan year 2025, up 10% from the prior year. The plan year starts in March. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,638 · prior year 1,496
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
James River Equipment Employee Benefits Plan, plan 501 (1,638 participants)
Stop-loss carrier
Anthem Health Plans of Virginia DBA Anthem Bcbs (g1605)
Broker compensation
$31K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Anthem Health Plans of Virginia DBA Anthem Bcbs (g1605)Stop-loss2,588$1.9M—
Life Insurance Company of North AmericaAD&D, Long-term disability, Life1,632$449K—
AflacAccident, Critical Illness309$215K$31K

Pharmacy benefit estimate

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

$3.9M/ year

Estimated prescription spend: 1,638 participants × $2,371 national average per member. Usually higher once dependents are counted.

$101K–$249K/ year

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

Brands with a generic available$30K–$74K
Lower-cost therapeutic alternatives$43K–$90K
Generic pricing vs. actual cost$19K–$56K
PBM contract terms$10K–$29K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
James River Equipment
Sponsor EIN
54-2016503
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 54-2016503 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: James River Equipment'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 James River Equipment.

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