Allegis Group, Inc.

Hanover, MD Business servicesNAICS 561300

Self-funded health planPlan year 2025Renews January
47,645Participants-3% vs. prior year
$113.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 7Business services in MDBy participants

Overview

Allegis Group, Inc. sponsors a self-funded health plan that covered 47,645 participants in plan year 2025, down 3% 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
47,645 · prior year 48,936
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Allegis Group, Inc. Benefits Plan, plan 507 (47,645 participants)
Broker compensation
$7.0M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Short-term disability, Long-term disability, Dental18,622$20.3M$2.7M
Symetra Life Insurance CompanyHospital Plan, Hospital Indemnity, Critical Illness, Group Accident, Accident6,373$20.1M$3.6M
Reliance Standard Life Insurance CompanyLife, Voluntary AD&D9,608$3.8M$562K
Vision Service PlanVision16,519$2.1M$106K
Hartford Life and AccidentLife, Long-term disability2,652$551K$72K
MetLife Legal PlansLegal239$101K$14K

Pharmacy benefit estimate

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

$113.0M/ year

Estimated prescription spend: 47,645 participants × $2,371 national average per member. Usually higher once dependents are counted.

$2.9M–$7.2M/ year

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

Brands with a generic available$859K–$2.1M
Lower-cost therapeutic alternatives$1.3M–$2.6M
Generic pricing vs. actual cost$542K–$1.6M
PBM contract terms$282K–$847K
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
Allegis Group, Inc.
Sponsor EIN
52-1304931
Plan number
507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 52-1304931 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Allegis Group, Inc. Retirement Savings Plan Two
Type
401(k) plan
Participants
192,926

About this data

Source: Allegis Group, 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 Allegis Group, Inc..

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