Hargrove Holding Company, Inc.

Mobile, AL Professional servicesNAICS 541330

Self-funded health planPlan year 2025Renews January
1,767ParticipantsFirst year on file
$4.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 17Professional services in ALBy participants

Overview

Hargrove Holding Company, Inc. sponsors a self-funded health plan that covered 1,767 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
1,767
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Hargrove Holding Company Health and Welfare Benefit Plan, plan 501 (1,767 participants)
Broker compensation
$571K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-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 and Dismemberment, Life, Long-term disability, Short-term disability3,800$2.6M$442K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital Con1,635$517K$93K
Vision Service PlanVision1,511$265K$26K
Arag Insurance CompanyLegal544$65K$10K
EAP Lifestyle Management, LLCEmployee Assistance Program2,249$43K—

Pharmacy benefit estimate

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

$4.2M/ year

Estimated prescription spend: 1,767 participants × $2,371 national average per member. Usually higher once dependents are counted.

$109K–$269K/ year

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

Brands with a generic available$32K–$80K
Lower-cost therapeutic alternatives$47K–$97K
Generic pricing vs. actual cost$20K–$60K
PBM contract terms$10K–$31K
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
Hargrove Holding Company, Inc.
Sponsor EIN
88-1092407
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 88-1092407 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Hargrove 401(k) Plan and Trust
Type
401(k) plan
Participants
3,187

About this data

Source: Hargrove Holding Company, 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 Hargrove Holding Company, Inc..

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