Sierra Space Corporation

Louisville, CO ManufacturingNAICS 336410

Self-funded health planPlan year 2025Renews January
1,705Participants-11% vs. prior year
$4.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 23Manufacturing in COBy participants

Overview

Sierra Space Corporation sponsors a self-funded health plan that covered 1,705 participants in plan year 2025, down 11% 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
1,705 · prior year 1,916
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Sierra Space Corporation Health & Welfare Benefit Plan, plan 501 (1,705 participants)
Broker compensation
$47K 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
Standard Insurance CompanyLife, Long-term disability, Short-term disability1,273$1.4M$8K
Cigna Health and Life Insurance CompanyAccident, Critical Illness, Hospital Indemnity1,143$208K$39K
Vision Service PlanVision1,114$193K—
Cigna Health and Life Insurance Company and AffiliatesDental, HMO207$43K—
Curalinc, LLC, DBA Curalinc HealthcareEmployee Assistance Program1,531$19K—

Pharmacy benefit estimate

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

$4.0M/ year

Estimated prescription spend: 1,705 participants × $2,371 national average per member. Usually higher once dependents are counted.

$105K–$259K/ year

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

Brands with a generic available$31K–$77K
Lower-cost therapeutic alternatives$45K–$94K
Generic pricing vs. actual cost$19K–$58K
PBM contract terms$10K–$30K
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
Sierra Space Corporation
Sponsor EIN
86-1752692
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 86-1752692 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sierra Space Corporation 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
2,210

About this data

Source: Sierra Space 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 Sierra Space Corporation.

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