LGI Homes Corporate, LLC

The Woodlands, TX Real estateNAICS 531390

Self-funded health planPlan year 2024Renews September
1,077ParticipantsFirst year on file
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#13 of 28Real estate in TXBy participants

Overview

LGI Homes Corporate, LLC sponsors a self-funded health plan that covered 1,077 participants in plan year 2024. The plan year starts in September. 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
1,077
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
LGI Homes Corporate Group Health Plan, plan 501 (1,077 participants)
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance Company and AffiliatesDental, Vision832$788K—
Standard Insurance CompanyLife, Short-term disability, Long-term disability1,062$696K—

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,077 participants × $2,371 national average per member. Usually higher once dependents are counted.

$66K–$164K/ year

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

Brands with a generic available$19K–$49K
Lower-cost therapeutic alternatives$28K–$59K
Generic pricing vs. actual cost$12K–$37K
PBM contract terms$6K–$19K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
LGI Homes Corporate, LLC
Sponsor EIN
27-2058550
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-2058550 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: LGI Homes Corporate, LLC'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 LGI Homes Corporate, LLC.

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