SG Administration, LLC

Selma, TX ConstructionNAICS 238900

Self-funded health planPlan year 2025Renews May
605Participants+2% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#42 of 57Construction in TXBy participants

Overview

SG Administration, LLC sponsors a self-funded health plan that covered 605 participants in plan year 2025, about the same as the prior year. The plan year starts in May. 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
605 · prior year 596
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
SG Administration, LLC DBA Spawglass Wrap Plan 505, plan 505 (605 participants)
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
Metropolitan Life Insurance CompanyDental, Vision1,243$639K—
Reliastar Life Insurance Co.Life932$218K—
GuardianShort-term disability, Long-term disability704$164K—

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 605 participants × $2,371 national average per member. Usually higher once dependents are counted.

$37K–$92K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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 2025
Plan sponsor
SG Administration, LLC
Sponsor EIN
30-0135502
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 30-0135502 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
SG Administration, LLC 401(k) Savings and Investment Plan
Type
401(k) plan
Participants
921

About this data

Source: SG Administration, LLC'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 SG Administration, LLC.

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