Whitaker Construction Company, Inc.

Brigham City, UT ConstructionNAICS 237100

Self-funded health planPlan year 2025Renews April
601Participants-21% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#8 of 8Construction in UTBy participants

Overview

Whitaker Construction Company, Inc. sponsors a self-funded health plan that covered 601 participants in plan year 2025, down 21% from the prior year. The plan year starts in April. 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
601 · prior year 763
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Whitaker Construction Company, Inc. Cafeteria Plan, plan 501 (601 participants)
Broker compensation
$82K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability601$412K$56K
The Guardian Life Insurance Company of AmericaAccident, Critical Illness, Cancer, Hosp91$133K$22K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 601 participants × $2,371 national average per member. Usually higher once dependents are counted.

$37K–$91K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Whitaker Construction Company, Inc.
Sponsor EIN
87-0274152
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-0274152 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Whitaker Construction Co., Inc. 401(k) Plan
Type
401(k) plan
Participants
1,000

About this data

Source: Whitaker Construction Company, 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 Whitaker Construction Company, Inc..

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