BIJ Motors TX, LLC

The Woodlands, TX RetailNAICS 441110

Self-funded health planPlan year 2024Renews September
1,844ParticipantsFirst year on file
$4.4MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#26 of 64Retail in TXBy participants

Overview

BIJ Motors TX, LLC sponsors a self-funded health plan that covered 1,844 participants in plan year 2024. The plan year starts in September. 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
1,844
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Dream Motor Group Health and Welfare Plan, plan 501 (1,844 participants)
Broker compensation
$162K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,844$641K$112K
Delta Dental Insurance CompanyDental1,256$439K$44K
Vision Service PlanVision545$68K$6K

Pharmacy benefit estimate

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

$4.4M/ year

Estimated prescription spend: 1,844 participants × $2,371 national average per member. Usually higher once dependents are counted.

$114K–$280K/ year

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

Brands with a generic available$33K–$83K
Lower-cost therapeutic alternatives$49K–$101K
Generic pricing vs. actual cost$21K–$63K
PBM contract terms$11K–$33K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 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
BIJ Motors TX, LLC
Sponsor EIN
46-2969994
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-2969994 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Dream Motor Group 401(k) Plan
Type
401(k) plan
Participants
1,342

About this data

Source: BIJ Motors TX, 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 BIJ Motors TX, LLC.

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