In Charge Electrical Services, LLC

Austin, TX ConstructionNAICS 238210

Self-funded health planPlan year 2025Renews January
614Participants+17% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#41 of 57Construction in TXBy participants

Overview

In Charge Electrical Services, LLC sponsors a self-funded health plan that covered 614 participants in plan year 2025, up 17% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
614 · prior year 524
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
In Charge Electrical Services, LLC Health and Welfare Plan, plan 501 (614 participants)
Broker compensation
$91K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Transamerica Life Insurance CompanyLife, Long-term disability, Short-term disability538$252K$61K
Ameritas Life Insurance Corp.Dental, Vision816$207K$30K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 614 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$93K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$16K–$34K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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
In Charge Electrical Services, LLC
Sponsor EIN
47-3810674
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-3810674 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: In Charge Electrical Services, 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 In Charge Electrical Services, LLC.

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