Nana Management Services

Anchorage, AK Business servicesNAICS 561210

Self-funded health planPlan year 2025Renews January
1,943Participants+8% vs. prior year
$4.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 2Business services in AKBy participants

Overview

Nana Management Services sponsors a self-funded health plan that covered 1,943 participants in plan year 2025, up 8% 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
1,943 · prior year 1,799
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Nana Management Services Health and Welfare Plan, plan 501 (1,943 participants)
Broker compensation
$19K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Prudential Insurance Company of AmericaLife1,777$273K$19K
Vision Service PlanVision670$174K—
Health Advocate Solutions, Inc.Employee Assistance Program2,338$35K—

Pharmacy benefit estimate

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

$4.6M/ year

Estimated prescription spend: 1,943 participants × $2,371 national average per member. Usually higher once dependents are counted.

$120K–$295K/ year

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

Brands with a generic available$35K–$88K
Lower-cost therapeutic alternatives$51K–$107K
Generic pricing vs. actual cost$22K–$66K
PBM contract terms$12K–$35K
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
Nana Management Services
Sponsor EIN
92-0065346
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 92-0065346 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Nana Management Services'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 Nana Management Services.

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