Argos USA

Alpharetta, GA ManufacturingNAICS 327300

Self-funded health planPlan year 2024Renews January
1,990ParticipantsFirst year on file
$4.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#24 of 82Manufacturing in GABy participants

Overview

Argos USA sponsors a self-funded health plan that covered 1,990 participants in plan year 2024. 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
1,990
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Argos USA Comprehensive Health and Welfare Plan, plan 501 (1,990 participants)
Broker compensation
$418K 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
Life Insurance Company of North AmericaAccidental Death & Dismemberment, Life, Business Travel Accident, Long-term disability1,816$2.5M$278K
American Heritage Life Insurance CompanyAccident, Hospital Indemnity, Critical I1,383$700K$140K

Pharmacy benefit estimate

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

$4.7M/ year

Estimated prescription spend: 1,990 participants × $2,371 national average per member. Usually higher once dependents are counted.

$123K–$302K/ year

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

Brands with a generic available$36K–$90K
Lower-cost therapeutic alternatives$52K–$109K
Generic pricing vs. actual cost$23K–$68K
PBM contract terms$12K–$35K
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
Argos USA
Sponsor EIN
45-2429726
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 45-2429726 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Argos USA Union 401(k) Plan
Type
401(k) plan
Participants
203

About this data

Source: Argos USA'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 Argos USA.

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