MRI Software LLC

Solon, OH Professional servicesNAICS 541511

Self-funded health planPlan year 2025Renews January
1,160Participants-1% vs. prior year
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#19 of 44Professional services in OHBy participants

Overview

MRI Software LLC sponsors a self-funded health plan that covered 1,160 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
1,160 · prior year 1,174
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
MRI Software LLC Health and Welfare Plan, plan 501 (1,160 participants); MRI Software LLC Medical Plan, plan 502 (0 participants)
Stop-loss carrier
Optum Health (unimerica Insurance Company); Fair American Insurance and Reinsurance Company
Broker compensation
$246 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
Fair American Insurance and Reinsurance CompanyStop-loss868$1.2M—
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,065$716K$246
Delta Dental of OhioDental1,755$658K—

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,160 participants × $2,371 national average per member. Usually higher once dependents are counted.

$72K–$176K/ year

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

Brands with a generic available$21K–$52K
Lower-cost therapeutic alternatives$31K–$64K
Generic pricing vs. actual cost$13K–$40K
PBM contract terms$7K–$21K
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
MRI Software LLC
Sponsor EIN
27-1499609
Plan numbers
501, 502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-1499609 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: MRI Software LLC'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 MRI Software LLC.

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