RKD Group, LLC

Plano, TX Other servicesNAICS 813000

Self-funded health planPlan year 2024Renews October
508ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#21 of 21Other services in TXBy participants

Overview

RKD Group, LLC sponsors a self-funded health plan that covered 508 participants in plan year 2024. The plan year starts in October. 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
508
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
RKD Group, LLC. Health and Welfare Benefits Plan, plan 502 (508 participants)
Broker compensation
$47K 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 disability508$396K$40K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision562$63K$6K
Boston Mutual Life Insurance CompanyLife53$21K$1K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 508 participants × $2,371 national average per member. Usually higher once dependents are counted.

$31K–$77K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 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
RKD Group, LLC
Sponsor EIN
47-5152075
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-5152075 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
RKD Group, LLC 401(k) Plan
Type
401(k) plan
Participants
656

About this data

Source: RKD Group, LLC'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 RKD Group, LLC.

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