Sage Automotive Interiors, Inc.

Greenville, SC ManufacturingNAICS 314000

Self-funded health planPlan year 2025Renews January
999Participants0% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#20 of 33Manufacturing in SCBy participants

Overview

Sage Automotive Interiors, Inc. sponsors a self-funded health plan that covered 999 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
999 · prior year 999
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Sage Automotive Interiors, Inc. Welfare Benefit Plan, plan 503 (999 participants)
Broker compensation
$31K across insured contracts
MedicalLife insuranceDentalVisionOther 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 AmericaCritical Illness, Accident477$121K$15K
American Heritage Life Insurance CompanyCancer362$81K$12K
Metropolitan Life Insurance CompanyVision1,565$52K$601
Provident Life and Accident Insurance CompanyLife44$9K$335

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 999 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$152K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$26K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
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
Sage Automotive Interiors, Inc.
Sponsor EIN
27-0266382
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-0266382 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sage Automotive Interiors, Inc. 401(k) Plan
Type
401(k) plan
Participants
1,252

About this data

Source: Sage Automotive Interiors, 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 Sage Automotive Interiors, Inc..

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