The John R. Mcadams Company, Inc.

Raleigh, NC ConstructionNAICS 237990

Self-funded health planPlan year 2025Renews April
583Participants+27% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#18 of 21Construction in NCBy participants

Overview

The John R. Mcadams Company, Inc. sponsors a self-funded health plan that covered 583 participants in plan year 2025, up 27% from the prior year. The plan year starts in April. 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
583 · prior year 458
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
The John R. Mcadams Flexible Benefit Plan, plan 501 (583 participants)
Broker compensation
$85K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaLife, Long-term disability583$363K$58K
Unum Life Insurance Company of AmericaLong Term Care791$115K$17K
Unum Insurance ComapnyAccident122$21K$4K
Metropolitan Life Insurance CompanyVision1,244—$6K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 583 participants × $2,371 national average per member. Usually higher once dependents are counted.

$36K–$89K/ year

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

Brands with a generic available$11K–$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 2025
Plan sponsor
The John R. Mcadams Company, Inc.
Sponsor EIN
56-1234550
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-1234550 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The John R. Mcadams Company, Inc. Salary Savings Plan
Type
401(k) plan
Participants
701

About this data

Source: The John R. Mcadams Company, 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 The John R. Mcadams Company, Inc..

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