Seneca Gaming Corporation

Niagara Falls, NY Arts & recreationNAICS 713200

Self-funded health planPlan year 2025Renews January
2,944Participants+4% vs. prior year
$7.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 8Arts & recreation in NYBy participants

Overview

Seneca Gaming Corporation sponsors a self-funded health plan that covered 2,944 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
2,944 · prior year 2,829
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Seneca Gaming Corporation Welfare Benefits Plan, plan 501 (2,944 participants)
Broker compensation
$98K 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
Lincoln National Life Insurance CompanyLife, Long-term disability, Short-term disability2,815$2.2M$59K
GuardianDental1,280$667K$31K
EyemedVision749$125K$7K

Pharmacy benefit estimate

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

$7.0M/ year

Estimated prescription spend: 2,944 participants × $2,371 national average per member. Usually higher once dependents are counted.

$181K–$447K/ year

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

Brands with a generic available$53K–$133K
Lower-cost therapeutic alternatives$77K–$162K
Generic pricing vs. actual cost$34K–$101K
PBM contract terms$17K–$52K
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
Seneca Gaming Corporation
Sponsor EIN
54-2122988
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 54-2122988 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Seneca Gaming Corporation 401(k) Plan
Type
401(k) plan
Participants
3,907

About this data

Source: Seneca Gaming Corporation'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 Seneca Gaming Corporation.

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