Retail Services & Systems, Inc.

Bethesda, MD RetailNAICS 445310

Self-funded health planPlan year 2024Renews July
6,595ParticipantsFirst year on file
$15.6MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#1 of 7Retail in MDBy participants

Overview

Retail Services & Systems, Inc. sponsors a self-funded health plan that covered 6,595 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
6,595
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Retail Services & Systems, Inc. Flexible Benefit Plan, plan 501 (6,595 participants)
Broker compensation
$582K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Kaiser Foundation Health Plan, Inc.HMO149$2.4M$94K
Delta Dental of PennsylvaniaDental5,307$2.2M$132K
Life Insurance Company of North AmericaAD&D, Life, Long-term disability, Short-term disability5,048$1.7M$37K
Kaiser Foundation Health Plan of the Mid-Atlantic Inc.HMO174$1.1M$54K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital3,040$797K$259K
Eyemed Vision CareVision2,807$305K—
Legal Plans USALegal498$93K$5K
New York Life Group Insurance Company of New YorkShort-term disability2,201$35K$811

Pharmacy benefit estimate

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

$15.6M/ year

Estimated prescription spend: 6,595 participants × $2,371 national average per member. Usually higher once dependents are counted.

$407K–$1.0M/ year

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

Brands with a generic available$119K–$297K
Lower-cost therapeutic alternatives$174K–$363K
Generic pricing vs. actual cost$75K–$225K
PBM contract terms$39K–$117K
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
Retail Services & Systems, Inc.
Sponsor EIN
25-1531856
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 25-1531856 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Total Wine & More 401(k) Plan
Type
401(k) plan
Participants
10,763

About this data

Source: Retail Services & Systems, Inc.'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 Retail Services & Systems, Inc..

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