Laborie Medical Technologies Corporation

Portsmouth, NH Professional servicesNAICS 541600

Self-funded health planPlan year 2025Renews January
878Participants+1% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 5Professional services in NHBy participants

Overview

Laborie Medical Technologies Corporation sponsors a self-funded health plan that covered 878 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
878 · prior year 866
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Laborie Medical Technologies Welfare Benefit Plan, plan 501 (878 participants)
Broker compensation
$152K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,121$902K$131K
Cigna Health and Life Insurance CompanyHospital Care, Critical Illness, Accidental Injury207$115K$12K
Eyemed Vision Care on Behalf of the Fidelity Security Life Ins. Co.Vision1,186$67K$9K
Telus Health (US) Ltd.Employee Assistance Program30$854—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 878 participants × $2,371 national average per member. Usually higher once dependents are counted.

$54K–$133K/ year

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

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$23K–$48K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
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
Laborie Medical Technologies Corporation
Sponsor EIN
13-3198206
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-3198206 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Laborie Medical Technologies Corporation 401(k) Plan
Type
401(k) plan
Participants
1,180

About this data

Source: Laborie Medical Technologies Corporation'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 Laborie Medical Technologies Corporation.

Request a correction · Methodology