SGS North America Inc.

Bloomfield, NJ Professional servicesNAICS 541990

Self-funded health planPlan year 2025Renews January
3,620Participants+17% vs. prior year
$8.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 32Professional services in NJBy participants

Overview

SGS North America Inc. sponsors a self-funded health plan that covered 3,620 participants in plan year 2025, up 17% 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
3,620 · prior year 3,105
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
SGS Comprehensive Welfare Benefit Plan, plan 504 (3,620 participants)
Broker compensation
$399K 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
Lincoln National Life Insurance CompanyLong-term disability, Life, Short-term disability3,414$1.9M$198K
The Lincoln National Life Insurance CompanyAccident, Hospital Indemnity, Critical Illness1,219$637K$201K
Vision Service PlanVision2,190$209K—
Cigna Health and Life Insurance Company and AffiliatesDental, HMO372$52K—

Pharmacy benefit estimate

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

$8.6M/ year

Estimated prescription spend: 3,620 participants × $2,371 national average per member. Usually higher once dependents are counted.

$223K–$550K/ year

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

Brands with a generic available$65K–$163K
Lower-cost therapeutic alternatives$95K–$199K
Generic pricing vs. actual cost$41K–$124K
PBM contract terms$21K–$64K
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
SGS North America Inc.
Sponsor EIN
13-3041390
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-3041390 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
SGS North America Inc. 401(k) Plan
Type
401(k) plan
Participants
5,368

About this data

Source: SGS North America 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 SGS North America Inc..

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