Crosby Tugs, LLC

Galliano, LA Transportation & logisticsNAICS 483000

Self-funded health planPlan year 2025Renews March
579Participants-13% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#13 of 14Transportation & logistics in LABy participants

Overview

Crosby Tugs, LLC sponsors a self-funded health plan that covered 579 participants in plan year 2025, down 13% from the prior year. The plan year starts in March. 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
579 · prior year 665
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
Crosby Tugs, LLC Employee Benefits Plan, plan 502 (579 participants)
Stop-loss carrier
Siriuspoint America Insurance Company
Broker compensation
$295K 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
Lincoln National Life Insurance CompanyLife, Long-term disability, Short-term disability609$2.3M$228K
Delta Dental Insurance CompanyDental886$264K$27K
The Lincoln National Life Insurance CompanyAccident, Critical Illness, Hospital Indemnity183$181K$36K
National Vision Administrators, L.l.c.Vision809$44K$4K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 579 participants × $2,371 national average per member. Usually higher once dependents are counted.

$36K–$88K/ year

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

Brands with a generic available$10K–$26K
Lower-cost therapeutic alternatives$15K–$32K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
Crosby Tugs, LLC
Sponsor EIN
72-0914194
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 72-0914194 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Crosby Tugs, LLC 401(k) Plan
Type
401(k) plan
Participants
893

About this data

Source: Crosby Tugs, 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 Crosby Tugs, LLC.

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