Richline Group, Inc.

New York, NY Wholesale tradeNAICS 423940

Self-funded health planPlan year 2025Renews January
915Participants-9% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#9 of 24Wholesale trade in NYBy participants

Overview

Richline Group, Inc. sponsors a self-funded health plan that covered 915 participants in plan year 2025, down 9% 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
915 · prior year 1,009
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Health and Welfare Plan for Employees of Richline Group, Inc., plan 501 (915 participants)
Broker compensation
$29K 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
United of Omaha Life Insurance CompanyLife, Short-term disability, Long-term disability906$442K$17K
Metropolitan Life Insurance CompanyDental, PPO500$211K$8K
Anthem Blue CrossVision371$38K$1K
Vision Service PlanVision214$24K$764
Mutual of Omaha Insurance CompanyAccidental Death and Dismemberment300$12K$1K
Safeguard Health Plans, Inc., a Florida CorporationDental, HMO28$3K$135

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 915 participants × $2,371 national average per member. Usually higher once dependents are counted.

$56K–$139K/ year

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

Brands with a generic available$16K–$41K
Lower-cost therapeutic alternatives$24K–$50K
Generic pricing vs. actual cost$10K–$31K
PBM contract terms$5K–$16K
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
Richline Group, Inc.
Sponsor EIN
26-0232774
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-0232774 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Richline Group, Inc. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,912

About this data

Source: Richline Group, 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 Richline Group, Inc..

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