Sodexo Management, Inc.

San Mateo, CA HospitalityNAICS 722300

Self-funded health planPlan year 2025Renews January
1,160Participants-6% vs. prior year
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 11Hospitality in CABy participants

Overview

Sodexo Management, Inc. sponsors a self-funded health plan that covered 1,160 participants in plan year 2025, down 6% 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
1,160 · prior year 1,234
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Sodexo Management, Inc. Health and Welfare Plan, plan 560 (1,160 participants)
Stop-loss carrier
Fidelity Security Life Insurance Company
Broker compensation
$101K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilitySeverance

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Fidelity Security Life Insurance CompanyMedical, Prescription drug, Vision, Stop-loss1,022$1.6M$52K
Island Home Insurance CompanyMedical, Prescription drug, Dental, PPO139$865K—
Reliance Standard Life Insurance CompanyLife, Accidental Death and Dismemberment, Short-term disability1,140$209K$48K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,160 participants × $2,371 national average per member. Usually higher once dependents are counted.

$72K–$176K/ year

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

Brands with a generic available$21K–$52K
Lower-cost therapeutic alternatives$31K–$64K
Generic pricing vs. actual cost$13K–$40K
PBM contract terms$7K–$21K
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
Sodexo Management, Inc.
Sponsor EIN
16-0812661
Plan number
560
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 16-0812661 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sodexho Management Profit Sharing and Thrift
Type
401(k) plan
Participants
10

About this data

Source: Sodexo Management, 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 Sodexo Management, Inc..

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