PMG Services, Inc.

Sunrise, FL Health careNAICS 621111

Self-funded health planPlan year 2025Renews January
4,907Participants-17% vs. prior year
$11.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#10 of 89Health care in FLBy participants

Overview

PMG Services, Inc. sponsors a self-funded health plan that covered 4,907 participants in plan year 2025, down 17% 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
4,907 · prior year 5,901
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
PMG Services, Inc. Employee Welfare Benefits Plan, plan 520 (4,907 participants)
Broker compensation
$296K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability4,550$7.4M$131K
Continental American Insurance CompanyAccident, Critical Illness, Hospital1,413$805K$165K
Vision Service PlanVision3,416$498K—
Teladoc Health, Inc.Diabetes Management120$101K—

Pharmacy benefit estimate

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

$11.6M/ year

Estimated prescription spend: 4,907 participants × $2,371 national average per member. Usually higher once dependents are counted.

$302K–$746K/ year

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

Brands with a generic available$88K–$221K
Lower-cost therapeutic alternatives$129K–$270K
Generic pricing vs. actual cost$56K–$168K
PBM contract terms$29K–$87K
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
PMG Services, Inc.
Sponsor EIN
65-0271219
Plan number
520
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 65-0271219 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
PMG Services, Inc. Thrift and Profit Sharing Plan
Type
401(k) plan
Participants
10,945

About this data

Source: PMG Services, 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 PMG Services, Inc..

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