SMI Management, LLC
Overview
SMI Management, LLC sponsors a self-funded health plan that covered 605 participants in plan year 2025, up 5% 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
- 605 · prior year 576
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- SMI Management, LLC, plan 502 (605 participants)
- Broker compensation
- $71K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Life Insurance Company of North America | Life, Short-term disability, Long-term disability | 605 | $295K | $45K |
| UnitedHealthcare | Dental, Vision | 605 | $259K | $24K |
| UnitedHealthcare Insurance Company | Accident, Critical Illness, Hospital | 269 | $133K | — |
| Transcarent | Telehealth | 1,314 | $24K | — |
| Metropolitan General Insurance Company | Legal | 54 | $20K | $2K |
| Espyr | Employee Assistance Program | 605 | $10K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 605 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- SMI Management, LLC
- Sponsor EIN
- 83-1940216
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 83-1940216 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- SMI Management, LLC 401(k) Plan and Trust
- Type
- 401(k) plan
- Participants
- 844
About this data
Source: SMI Management, 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 SMI Management, LLC.