North American Science Associates, LLC (namsa)

Northwood, OH Professional servicesNAICS 541990

Self-funded health planPlan year 2025Renews January
1,029Participants-2% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#20 of 44Professional services in OHBy participants

Overview

North American Science Associates, LLC (namsa) sponsors a self-funded health plan that covered 1,029 participants in plan year 2025, down 2% 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
1,029 · prior year 1,053
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
North American Science Associates, LLC. Flexible Benefits Plan, plan 501 (1,029 participants)
Broker compensation
$71K 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
Lincoln National Life Insurance CompanyLife, Long-term disability1,043$263K$22K
The Lincoln National Life Insurance CompanyHospital Indemnity, Critical Illness, Accident149$69K$48K

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,029 participants × $2,371 national average per member. Usually higher once dependents are counted.

$63K–$156K/ year

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

Brands with a generic available$19K–$46K
Lower-cost therapeutic alternatives$27K–$57K
Generic pricing vs. actual cost$12K–$35K
PBM contract terms$6K–$18K
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
North American Science Associates, LLC (namsa)
Sponsor EIN
34-1020232
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1020232 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
North American Science Associates, LLC Profit Sharing & 401(k) Plan
Type
401(k) plan
Participants
1,570

About this data

Source: North American Science Associates, LLC (namsa)'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 North American Science Associates, LLC (namsa).

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