ALG Senior LLC

Hickory, NC Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
4,229Participants+32% vs. prior year
$10.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 46Health care in NCBy participants

Overview

ALG Senior LLC sponsors a self-funded health plan that covered 4,229 participants in plan year 2025, up 32% 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
4,229 · prior year 3,206
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
ALG Senior, LLC Benefit Plan, plan 501 (4,229 participants)
Stop-loss carrier
Reliastar Life Insurance Company
Broker compensation
$230K 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
Aetna Life Insurance Company and AffiliatesMedical288$2.7M$108K
Guardian Life Insurance Company of AmericaDental, Vision, Short-term disability, Long-term disability1,255$671K$90K
Reliastar Life Insurance CompanyStop-loss95$184K—
United of Omaha Life Insurance CompanyLife4,229$157K$32K
MD Virtual CareMedical267$11K—

Pharmacy benefit estimate

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

$10.0M/ year

Estimated prescription spend: 4,229 participants × $2,371 national average per member. Usually higher once dependents are counted.

$261K–$643K/ year

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

Brands with a generic available$76K–$191K
Lower-cost therapeutic alternatives$111K–$233K
Generic pricing vs. actual cost$48K–$144K
PBM contract terms$25K–$75K
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
ALG Senior LLC
Sponsor EIN
81-1304204
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-1304204 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: ALG Senior LLC'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 ALG Senior LLC.

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