Roberts Oxygen Company, Inc.

Rockville, MD Wholesale tradeNAICS 424990

Self-funded health planPlan year 2024Renews April
573ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#3 of 4Wholesale trade in MDBy participants

Overview

Roberts Oxygen Company, Inc. sponsors a self-funded health plan that covered 573 participants in plan year 2024. The plan year starts in April. Alongside medical, its benefits filing reports life insurance.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
573
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Roberts Oxygen Company, Inc. Health Care Plan, plan 503 (573 participants)
Stop-loss carrier
Symetra Life Insurance
Broker compensation
$32K across insured contracts
MedicalLife insuranceOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Symetra Life InsuranceMedical, Prescription drug, Dental, Vision, Life, Stop-loss573$1.8M$32K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 573 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$87K/ year

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

Brands with a generic available$10K–$26K
Lower-cost therapeutic alternatives$15K–$32K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Roberts Oxygen Company, Inc.
Sponsor EIN
52-0822869
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 52-0822869 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Roberts Oxygen Company, Inc. Profit Sharing Plan
Type
Defined contribution plan
Participants
873

About this data

Source: Roberts Oxygen Company, 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 Roberts Oxygen Company, Inc..

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