Serco Inc.

Herndon, VA Business servicesNAICS 561210

Self-funded health planPlan year 2025Renews January
8,269Participants+8% vs. prior year
$19.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 12Business services in VABy participants

Overview

Serco Inc. sponsors a self-funded health plan that covered 8,269 participants in plan year 2025, up 8% 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
8,269 · prior year 7,625
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Serco Inc. Group Health Plan, plan 505 (8,269 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company and Affiliates
Broker compensation
$405K 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 CompanyLong-term disability, Life6,877$5.4M$182K
Cigna Health and Life Insurance Company and AffiliatesStop-loss6,846$4.5M$224K
Cigna Health and Life Insurance CompanyMedical, Dental255$1.9M—
Hmsa Blue Cross Blue Shield of HawaiiMedical, HMO, PPO66$382K—

Pharmacy benefit estimate

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

$19.6M/ year

Estimated prescription spend: 8,269 participants × $2,371 national average per member. Usually higher once dependents are counted.

$510K–$1.3M/ year

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

Brands with a generic available$149K–$373K
Lower-cost therapeutic alternatives$218K–$455K
Generic pricing vs. actual cost$94K–$282K
PBM contract terms$49K–$147K
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
Serco Inc.
Sponsor EIN
22-2902286
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-2902286 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Serco Inc. 401(k) Retirement Plan
Type
401(k) plan
Participants
12,409

About this data

Source: Serco 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 Serco Inc..

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