Orion Group Holdings, Inc.

Houston, TX ConstructionNAICS 237990

Self-funded health planPlan year 2025Renews January
1,975ParticipantsFirst year on file
$4.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#9 of 57Construction in TXBy participants

Overview

Orion Group Holdings, Inc. sponsors a self-funded health plan that covered 1,975 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
1,975
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Orion Group Holdings, Inc. Welfare Benefit Plan, plan 505 (1,975 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company
Broker compensation
$186K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther 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 disability1,975$1.6M$181K
Cigna Health and Life Insurance CompanyVision, Stop-loss2,036$1.5M—
Pre-Paid Legal Services Inc. DBA LegalshieldLegal Services Plan Memberships180$29K$5K

Pharmacy benefit estimate

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

$4.7M/ year

Estimated prescription spend: 1,975 participants × $2,371 national average per member. Usually higher once dependents are counted.

$122K–$300K/ year

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

Brands with a generic available$36K–$89K
Lower-cost therapeutic alternatives$52K–$109K
Generic pricing vs. actual cost$22K–$67K
PBM contract terms$12K–$35K
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
Orion Group Holdings, Inc.
Sponsor EIN
26-0097459
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-0097459 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Orion Group Holdings, 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 Orion Group Holdings, Inc..

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