PSL Associates, LLC

Grapevine, TX Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
1,966ParticipantsFirst year on file
$4.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#38 of 90Health care in TXBy participants

Overview

PSL Associates, LLC sponsors a self-funded health plan that covered 1,966 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
1,966
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
PSL Associates, LLC Employee Benefit Plan, plan 506 (1,966 participants)
Broker compensation
$477K across insured contracts
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
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability1,966$1.6M$366K
American Heritage Life Insurance CompanyLife204$195K$112K

Pharmacy benefit estimate

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

$4.7M/ year

Estimated prescription spend: 1,966 participants × $2,371 national average per member. Usually higher once dependents are counted.

$121K–$299K/ year

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

Brands with a generic available$35K–$89K
Lower-cost therapeutic alternatives$52K–$108K
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
PSL Associates, LLC
Sponsor EIN
83-1427127
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-1427127 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: PSL Associates, 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 PSL Associates, LLC.

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