Sila Services, LLC

King of Prussia, PA ConstructionNAICS 238220

Self-funded health planPlan year 2025Renews January
2,285Participants+33% vs. prior year
$5.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 16Construction in PABy participants

Overview

Sila Services, LLC sponsors a self-funded health plan that covered 2,285 participants in plan year 2025, up 33% 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
2,285 · prior year 1,724
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Sila Services, LLC Employee Benefit Plan, plan 501 (2,285 participants)
Broker compensation
$368K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability2,285$2.5M$368K

Pharmacy benefit estimate

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

$5.4M/ year

Estimated prescription spend: 2,285 participants × $2,371 national average per member. Usually higher once dependents are counted.

$141K–$347K/ year

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

Brands with a generic available$41K–$103K
Lower-cost therapeutic alternatives$60K–$126K
Generic pricing vs. actual cost$26K–$78K
PBM contract terms$14K–$41K
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
Sila Services, LLC
Sponsor EIN
85-1645781
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 85-1645781 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sila Services LLC 401(k) Plan
Type
401(k) plan
Participants
2,603

About this data

Source: Sila Services, 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 Sila Services, LLC.

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