SP Holding Enterprises Corp.

West Valley City, UT Holding companiesNAICS 551112

Self-funded health planPlan year 2025Renews January
1,009Participants0% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 2Holding companies in UTBy participants

Overview

SP Holding Enterprises Corp. sponsors a self-funded health plan that covered 1,009 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
1,009 · prior year 1,010
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
SP Holding Enterprises Corp. Welfare Benefit Plan, plan 503 (1,009 participants)
Broker compensation
$151K 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
Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability928$611K$54K
Cigna Health and Life Insurance Company and AffiliatesDental740$610K$24K
Fidelity Security Life Insurance CompanyVision777$97K$9K
Hartford Fire Insurance CompanyBusiness Travel Accident991$3K$620

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,009 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$153K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$27K–$56K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
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
SP Holding Enterprises Corp.
Sponsor EIN
87-0559538
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-0559538 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
SP Holding Enterprises Corp. 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
1,725

About this data

Source: SP Holding Enterprises Corp.'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 SP Holding Enterprises Corp..

Request a correction · Methodology