The Seer Group, LLC

Issaquah, WA Professional servicesNAICS 541600

Self-funded health planPlan year 2024Renews November
1,822ParticipantsFirst year on file
$4.3MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#3 of 22Professional services in WABy participants

Overview

The Seer Group, LLC sponsors a self-funded health plan that covered 1,822 participants in plan year 2024. The plan year starts in November. 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
1,822
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
The Seer Group Health and Welfare Plan, plan 501 (1,822 participants)
Broker compensation
$39K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Principal Life Insurance CompanyDental, Vision, Life, Short-term disability2,546$395K$39K

Pharmacy benefit estimate

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

$4.3M/ year

Estimated prescription spend: 1,822 participants × $2,371 national average per member. Usually higher once dependents are counted.

$112K–$277K/ year

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

Brands with a generic available$33K–$82K
Lower-cost therapeutic alternatives$48K–$100K
Generic pricing vs. actual cost$21K–$62K
PBM contract terms$11K–$32K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
The Seer Group, LLC
Sponsor EIN
82-3222403
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 82-3222403 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Seer Group 401(k) Plan
Type
401(k) plan
Participants
2,099

About this data

Source: The Seer Group, LLC's Form 5500 filing for plan year 2024 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 The Seer Group, LLC.

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