Seiner Management, Inc.

Salt Lake City, UT RetailNAICS 441110

Self-funded health planPlan year 2024Renews May
665ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#10 of 15Retail in UTBy participants

Overview

Seiner Management, Inc. sponsors a self-funded health plan that covered 665 participants in plan year 2024. The plan year starts in May. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
665
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Seiner Management, Inc. Welfare Plan, plan 501 (665 participants)
Broker compensation
$46K across insured contracts
MedicalLife insuranceDentalVisionShort-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 CompanyLife, Short-term disability935$156K$27K
Reliastar Life Insurance CompanyCritical Illness and Accident344$69K$16K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision456$34K$3K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 665 participants × $2,371 national average per member. Usually higher once dependents are counted.

$41K–$101K/ year

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

Brands with a generic available$12K–$30K
Lower-cost therapeutic alternatives$18K–$37K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Seiner Management, Inc.
Sponsor EIN
81-5036333
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-5036333 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Seiner Management, Inc.'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 Seiner Management, Inc..

Request a correction · Methodology