Offit Kurman, P.A.

Bethesda, MD Professional servicesNAICS 541110

Self-funded health planPlan year 2024Renews July
574ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#25 of 25Professional services in MDBy participants

Overview

Offit Kurman, P.A. sponsors a self-funded health plan that covered 574 participants in plan year 2024. The plan year starts in July. 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
574
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Offit Kurman, P.A. Employee Benefit Plan, plan 501 (574 participants)
Broker compensation
$69K 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
Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability526$601K$51K
Delta Dental of PennsylvaniaDental655$251K$13K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision541$49K$5K
Janus Associates, Inc. DBA BHSEmployee Assistance Program538$13K—

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 574 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$87K/ year

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

Brands with a generic available$10K–$26K
Lower-cost therapeutic alternatives$15K–$32K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Offit Kurman, P.A.
Sponsor EIN
52-1518021
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 52-1518021 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Offit Kurman, P.A. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
735

About this data

Source: Offit Kurman, P.A.'s Form 5500 filing for plan year 2024 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 Offit Kurman, P.A..

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