University Radiology Group, P.C.

East Brunswick, NJ Health careNAICS 621111

Self-funded health planPlan year 2024Renews January
561ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#50 of 53Health care in NJBy participants

Overview

University Radiology Group, P.C. sponsors a self-funded health plan that covered 561 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, long-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
561
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
University Radiology Group Insurance Program, plan 504 (561 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company and Affiliates
Broker compensation
$86K across insured contracts
MedicalLife insuranceDentalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance Company and AffiliatesDental, HMO, Stop-loss558$2.9M$5K
Life Insurance Company of North AmericaAccidental Death & Dismemberment, Life, Long-term disability755$637K$74K
Eyemed Vision CareVision1,053$65K$7K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 561 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$85K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
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 2024
Plan sponsor
University Radiology Group, P.C.
Sponsor EIN
22-1894941
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-1894941 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
University Radiology Group Profit Sharing Plan
Type
401(k) plan
Participants
1,145

About this data

Source: University Radiology Group, P.C.'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 University Radiology Group, P.C..

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