Pegasus Residential LLC

Alpharetta, GA Real estateNAICS 531110

Self-funded health planPlan year 2025Renews January
943Participants+39% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 12Real estate in GABy participants

Overview

Pegasus Residential LLC sponsors a self-funded health plan that covered 943 participants in plan year 2025, up 39% from the prior year. 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
943 · prior year 680
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Pegasus Residential Wrap Plan, plan 502 (943 participants)
Broker compensation
$61K 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
United of Omaha Life Insurance CompanyLong-term disability, Life, Short-term disability1,068$464K$61K

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 943 participants × $2,371 national average per member. Usually higher once dependents are counted.

$58K–$143K/ year

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

Brands with a generic available$17K–$42K
Lower-cost therapeutic alternatives$25K–$52K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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
Pegasus Residential LLC
Sponsor EIN
26-3972108
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-3972108 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Pegasus Residential 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 Pegasus Residential LLC.

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