Saulsbury Industries, Inc.

Odessa, TX UtilitiesNAICS 221100

Self-funded health planPlan year 2025Renews January
2,087Participants+4% vs. prior year
$4.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#9 of 14Utilities in TXBy participants

Overview

Saulsbury Industries, Inc. sponsors a self-funded health plan that covered 2,087 participants in plan year 2025, up 4% 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
2,087 · prior year 2,010
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Saulsbury Industries Inc. Health and Welfare Plan, plan 507 (2,087 participants)
Broker compensation
$28K 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
Metropolitan Life Insurance CompanyCritical Illness, Dental, Life, Short-term disability, Long-term disability, Accident, Hospital, Vision2,075$2.3M$28K
HCC Life Insurance CompanyOrgan Transplant753$122K—

Pharmacy benefit estimate

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

$4.9M/ year

Estimated prescription spend: 2,087 participants × $2,371 national average per member. Usually higher once dependents are counted.

$129K–$317K/ year

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

Brands with a generic available$38K–$94K
Lower-cost therapeutic alternatives$55K–$115K
Generic pricing vs. actual cost$24K–$71K
PBM contract terms$12K–$37K
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
Saulsbury Industries, Inc.
Sponsor EIN
75-2969084
Plan number
507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-2969084 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Saulsbury Industries, Inc. Employee 401(k) Plan
Type
401(k) plan
Participants
2,988

About this data

Source: Saulsbury Industries, 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 Saulsbury Industries, Inc..

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