Wilson Electric Services Corp.

Tempe, AZ ConstructionNAICS 238210

Self-funded health planPlan year 2024Renews July
777ParticipantsFirst year on file
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#12 of 14Construction in AZBy participants

Overview

Wilson Electric Services Corp. sponsors a self-funded health plan that covered 777 participants in plan year 2024. The plan year starts in July. 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
777
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Wilson Electric Services Corporation Employee Benefit Plan, plan 501 (777 participants)
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
UnitedHealthcare Insurance CompanyDental, Vision, Life, Short-term disability, Long-term disability1,000$880K—

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 777 participants × $2,371 national average per member. Usually higher once dependents are counted.

$48K–$118K/ year

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

Brands with a generic available$14K–$35K
Lower-cost therapeutic alternatives$20K–$43K
Generic pricing vs. actual cost$9K–$27K
PBM contract terms$5K–$14K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
Wilson Electric Services Corp.
Sponsor EIN
75-3091289
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-3091289 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Wilson Electric Services Corp. Employee Stock Ownership Plan
Type
Defined contribution plan
Participants
1,116

About this data

Source: Wilson Electric Services Corp.'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 Wilson Electric Services Corp..

Request a correction · Methodology