Skywest, Inc.

St George, UT Transportation & logisticsNAICS 481000

Self-funded health planPlan year 2025Renews January
14,582Participants0% vs. prior year
$34.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 5Transportation & logistics in UTBy participants

Overview

Skywest, Inc. sponsors a self-funded health plan that covered 14,582 participants in plan year 2025, about the same as 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
14,582 · prior year 14,582
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Skywest, Inc. Cafeteria Plan, plan 501 (14,582 participants)
Broker compensation
$1.4M 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability, AD&D12,481$10.3M$686K
Reliastar Life Insurance CompanyCritical Illness Insurance, Accident Insurance, Hospital Confinement Indemnity6,923$2.6M$639K
Fidelity Security Life Insurance CompanyVision14,233$664K$68K
United Behavioral Health DBA OptumEmployee Assistance Program Services15,857$339K—

Pharmacy benefit estimate

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

$34.6M/ year

Estimated prescription spend: 14,582 participants × $2,371 national average per member. Usually higher once dependents are counted.

$899K–$2.2M/ year

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

Brands with a generic available$263K–$657K
Lower-cost therapeutic alternatives$384K–$802K
Generic pricing vs. actual cost$166K–$498K
PBM contract terms$86K–$259K
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
Skywest, Inc.
Sponsor EIN
87-0292166
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-0292166 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Skywest, Inc. Employees' Retirement Plan
Type
401(k) plan
Participants
19,619

About this data

Source: Skywest, 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 Skywest, Inc..

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