Promesa, Inc.

Bronx, NY Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
1,049Participants-6% vs. prior year
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#74 of 137Health care in NYBy participants

Overview

Promesa, Inc. sponsors a self-funded health plan that covered 1,049 participants in plan year 2025, down 6% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,049 · prior year 1,118
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Promesa, Inc. Employee Benefits Plan, plan 501 (1,049 participants)
Broker compensation
$62K across insured contracts
MedicalLife insuranceDentalShort-term disabilityLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Aetna Life Insurance Co.Medical, Dental1,467$625K$25K
Hartford Life and AccidentLife, Short-term disability, Long-term disability2,198$621K$37K

Pharmacy benefit estimate

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

$2.5M/ year

Estimated prescription spend: 1,049 participants × $2,371 national average per member. Usually higher once dependents are counted.

$65K–$159K/ year

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

Brands with a generic available$19K–$47K
Lower-cost therapeutic alternatives$28K–$58K
Generic pricing vs. actual cost$12K–$36K
PBM contract terms$6K–$19K
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
Promesa, Inc.
Sponsor EIN
13-2663328
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-2663328 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Promesa, Inc. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
874

About this data

Source: Promesa, 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 Promesa, Inc..

Request a correction · Methodology