Asphalt Buyer II LLC

Huntersville, NC Wholesale tradeNAICS 423100

Self-funded health planPlan year 2025Renews January
3,430ParticipantsFirst year on file
$8.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 22Wholesale trade in NCBy participants

Overview

Asphalt Buyer II LLC sponsors a self-funded health plan that covered 3,430 participants in plan year 2025. 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
3,430
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Asphalt Buyer II LLC Employee Welfare Benefit Plan, plan 501 (3,430 participants)
Broker compensation
$233K 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
Life Insurance Company of North AmericaAccidental Death and Dismemberment, Short-term disability, Life, Long-term disability3,470$3.5M$233K

Pharmacy benefit estimate

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

$8.1M/ year

Estimated prescription spend: 3,430 participants × $2,371 national average per member. Usually higher once dependents are counted.

$211K–$521K/ year

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

Brands with a generic available$62K–$155K
Lower-cost therapeutic alternatives$90K–$189K
Generic pricing vs. actual cost$39K–$117K
PBM contract terms$20K–$61K
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
Asphalt Buyer II LLC
Sponsor EIN
33-2875227
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 33-2875227 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
ATD Retirement Plan
Type
401(k) plan
Participants
3,684

About this data

Source: Asphalt Buyer II 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 Asphalt Buyer II LLC.

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