Paycor, Inc.

Cincinnati, OH Professional servicesNAICS 541214

Self-funded health planPlan year 2025Renews January
2,833Participants+2% vs. prior year
$6.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 44Professional services in OHBy participants

Overview

Paycor, Inc. sponsors a self-funded health plan that covered 2,833 participants in plan year 2025, up 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
2,833 · prior year 2,766
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Paycor, Inc. Employee Benefits Plan, plan 504 (2,833 participants)
Broker compensation
$156K 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
Delta Dental of OhioDental3,848$1.4M—
Sun Life Assurance Company of CanadaLife, Long-term disability2,156$711K$23K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital Ind1,186$439K$132K
Fidelity Security Life Insurance CompanyVision3,080$261K—

Pharmacy benefit estimate

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

$6.7M/ year

Estimated prescription spend: 2,833 participants × $2,371 national average per member. Usually higher once dependents are counted.

$175K–$431K/ year

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

Brands with a generic available$51K–$128K
Lower-cost therapeutic alternatives$75K–$156K
Generic pricing vs. actual cost$32K–$97K
PBM contract terms$17K–$50K
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
Paycor, Inc.
Sponsor EIN
31-1299990
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 31-1299990 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Paycor 401(k) Plan
Type
401(k) plan
Participants
3,317

About this data

Source: Paycor, 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 Paycor, Inc..

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