Sacyr Construction USA LLC

Miami, FL ConstructionNAICS 236110

Self-funded health planPlan year 2024Renews October
655ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#22 of 31Construction in FLBy participants

Overview

Sacyr Construction USA LLC sponsors a self-funded health plan that covered 655 participants in plan year 2024. The plan year starts in October. 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
655
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Sacyr Construction USA LLC Employee Benefits Plan, plan 502 (655 participants)
Broker compensation
$110K 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
The Lincoln National Life Insurance CompanyLong-term disability, Life, Short-term disability264$195K$31K
Delta Dental Insurance CompanyDental403$116K$11K
Cigna Health and Life Insurance CompanyAccidental Injury, Hospital Care, Critical Illness552$89K$66K
Cigna Health and Life Insurance Company and AffiliatesDental, Vision322$26K$3K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 655 participants × $2,371 national average per member. Usually higher once dependents are counted.

$40K–$100K/ year

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

Brands with a generic available$12K–$30K
Lower-cost therapeutic alternatives$17K–$36K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$12K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 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
Sacyr Construction USA LLC
Sponsor EIN
61-1753336
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 61-1753336 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sacyr 401(k) Plan
Type
401(k) plan
Participants
641

About this data

Source: Sacyr Construction USA 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 Sacyr Construction USA LLC.

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