Verisys Corporation

Louisville, KY Information & technologyNAICS 519100

Self-funded health planPlan year 2025Renews January
528Participants-14% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 3Information & technology in KYBy participants

Overview

Verisys Corporation sponsors a self-funded health plan that covered 528 participants in plan year 2025, down 14% 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
528 · prior year 612
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Verisys Corporation Benefits Plan, plan 501 (528 participants)
Broker compensation
$71K 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
Delta Dental of KentuckyDental, Vision750$314K$26K
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability443$229K$31K
Unum Insurance CompanyCritical Illness, Accident171$75K$14K
98point6Telehealth1,016$19K—

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 528 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$80K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
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
Verisys Corporation
Sponsor EIN
54-1651292
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 54-1651292 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Verisys Corporation 401(k) Plan
Type
401(k) plan
Participants
734

About this data

Source: Verisys Corporation'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 Verisys Corporation.

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