Meridian Services, Inc.

Golden Valley, MN Health careNAICS 624100

Self-funded health planPlan year 2025Renews January
501Participants0% vs. prior year
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#49 of 50Health care in MNBy participants

Overview

Meridian Services, Inc. sponsors a self-funded health plan that covered 501 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
501 · prior year 501
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Meridian Welfare Plan, plan 502 (501 participants)
Broker compensation
$73K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
UnitedHealthcare Insurance CompanyMedical, Prescription drug214$1.1M$47K
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability499$166K$14K
Unum Insurance CompanyAccident, Hospital, Critical Illness105$40K$6K
Starmount Life Insurance CompanyVision215$23K$3K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 501 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 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
Meridian Services, Inc.
Sponsor EIN
41-1738150
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-1738150 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Meridian 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 Meridian Services, Inc..

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