Primrose Retirement Communities, LLC

Aberdeen, SD Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
1,452Participants+11% vs. prior year
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 3Health care in SDBy participants

Overview

Primrose Retirement Communities, LLC sponsors a self-funded health plan that covered 1,452 participants in plan year 2025, up 11% 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
1,452 · prior year 1,304
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Primrose Retirement Communities, LLC Health and Welfare Benefits Plan, plan 504 (1,452 participants)
Broker compensation
$111K 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
The Lincoln National Life Insurance CompanyDental, Life, Short-term disability, Long-term disability, PPO1,452$826K$108K
Vision Service PlanVision602$96K$3K

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,452 participants × $2,371 national average per member. Usually higher once dependents are counted.

$90K–$221K/ year

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

Brands with a generic available$26K–$65K
Lower-cost therapeutic alternatives$38K–$80K
Generic pricing vs. actual cost$17K–$50K
PBM contract terms$9K–$26K
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
Primrose Retirement Communities, LLC
Sponsor EIN
46-0434250
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-0434250 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Primrose Retirement Plan
Type
401(k) plan
Participants
1,525

About this data

Source: Primrose Retirement Communities, 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 Primrose Retirement Communities, LLC.

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