SA Hospitality Group, LLC

New York, NY HospitalityNAICS 722511

Self-funded health planPlan year 2024Renews November
1,413ParticipantsFirst year on file
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#4 of 8Hospitality in NYBy participants

Overview

SA Hospitality Group, LLC sponsors a self-funded health plan that covered 1,413 participants in plan year 2024. The plan year starts in November. Alongside medical, its benefits filing reports life insurance, dental, vision, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,413
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
SA Hospitality Group Health and Welfare Benefit Plan, plan 501 (1,413 participants)
Broker compensation
$11K across insured contracts
MedicalLife insuranceDentalVisionDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Principal Life Insurance CompanyDental, Vision, PPO229$145K$8K
Metropolitan Life Insurance CompanyLife1,413$18K$3K

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,413 participants × $2,371 national average per member. Usually higher once dependents are counted.

$87K–$215K/ year

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

Brands with a generic available$25K–$64K
Lower-cost therapeutic alternatives$37K–$78K
Generic pricing vs. actual cost$16K–$48K
PBM contract terms$8K–$25K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 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
SA Hospitality Group, LLC
Sponsor EIN
13-4227034
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-4227034 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: SA Hospitality Group, 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 SA Hospitality Group, LLC.

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