Yates Services, LLC

Smyrna, TN ConstructionNAICS 237990

Self-funded health planPlan year 2025Renews January
2,675Participants+3% vs. prior year
$6.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 13Construction in TNBy participants

Overview

Yates Services, LLC sponsors a self-funded health plan that covered 2,675 participants in plan year 2025, up 3% 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
2,675 · prior year 2,598
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Yates Services, LLC Employee Benefits Plan, plan 502 (2,675 participants)
Stop-loss carrier
Siriuspoint America Insurance Company
Broker compensation
$968K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Siriuspoint America Insurance CompanyStop-loss1,928$2.6M$255K
United of Omaha Life Insurance CompanyLife, Short-term disability, Long-term disability2,482$1.6M$330K
Colonial Life & Accident Insurance CompanyVoluntary Accident, Cancer, Critical Car1,778$1.5M$306K
Starmount Life Insurance CompanyVision1,815$158K$31K
Mutual of Omaha Insurance CompanyBusiness Travel Accident, Supplemental AD&D, Dependent AD&D1,366$112K$24K
MD Live - Recuro Health, Inc.Telephone Health Consultation3,795$74K$22K

Pharmacy benefit estimate

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

$6.3M/ year

Estimated prescription spend: 2,675 participants × $2,371 national average per member. Usually higher once dependents are counted.

$165K–$407K/ year

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

Brands with a generic available$48K–$121K
Lower-cost therapeutic alternatives$70K–$147K
Generic pricing vs. actual cost$30K–$91K
PBM contract terms$16K–$48K
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
Yates Services, LLC
Sponsor EIN
26-3596498
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-3596498 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Yates Services, LLC'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 Yates Services, LLC.

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