Red River Technology LLC

Chantilly, VA Professional servicesNAICS 541513

Self-funded health planPlan year 2025Renews January
722Participants+0% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#34 of 51Professional services in VABy participants

Overview

Red River Technology LLC sponsors a self-funded health plan that covered 722 participants in plan year 2025, about the same as 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
722 · prior year 720
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Red River Technology LLC Health & Welfare Benefit Plan, plan 501 (722 participants)
Broker compensation
$50K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability651$423K$31K
Unum Insurance CompanyCritical Illness, Accident268$62K$8K
Eyemed Vision Care on Behalf of the Fidelity Security Life Ins Co.Vision1,024$48K$6K
Legalplans, USALegal126$31K$5K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 722 participants × $2,371 national average per member. Usually higher once dependents are counted.

$45K–$110K/ year

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

Brands with a generic available$13K–$33K
Lower-cost therapeutic alternatives$19K–$40K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
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
Red River Technology LLC
Sponsor EIN
02-0483341
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 02-0483341 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Red River 401(k) Retirement Plan
Type
401(k) plan
Participants
1,091

About this data

Source: Red River Technology 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 Red River Technology LLC.

Request a correction · Methodology