Axis Energy Administration, LLC

Dallas, TX ConstructionNAICS 238900

Self-funded health planPlan year 2025Renews January
1,621ParticipantsPrior year not comparable
$3.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 57Construction in TXBy participants

Overview

Axis Energy Administration, LLC sponsors a self-funded health plan that covered 1,621 participants in plan year 2025. 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
1,621 · prior year 752
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Axis Energy Administration, LLC Health and Welfare Plan, plan 501 (1,621 participants)
Broker compensation
$158K 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
The Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,601$1.2M$134K
Bluecross Blueshield of TexasVision, Dental2,825$1.0M$24K

Pharmacy benefit estimate

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

$3.8M/ year

Estimated prescription spend: 1,621 participants × $2,371 national average per member. Usually higher once dependents are counted.

$100K–$246K/ year

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

Brands with a generic available$29K–$73K
Lower-cost therapeutic alternatives$43K–$89K
Generic pricing vs. actual cost$18K–$55K
PBM contract terms$10K–$29K
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
Axis Energy Administration, LLC
Sponsor EIN
83-1004542
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-1004542 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Axis Energy Administration 401(k) Employee Savings Plan
Type
401(k) plan
Participants
1,807

About this data

Source: Axis Energy Administration, 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 Axis Energy Administration, LLC.

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