Borusan Pipe U.S., Inc.

Houston, TX ManufacturingNAICS 324190

Self-funded health planPlan year 2025Renews June
502Participants0% vs. prior year
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#148 of 149Manufacturing in TXBy participants

Overview

Borusan Pipe U.S., Inc. sponsors a self-funded health plan that covered 502 participants in plan year 2025, about the same as the prior year. The plan year starts in June. 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
502 · prior year 502
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Borusan Mannesmann Pipe U. S., Inc. Welfare Benefit Plan, plan 501 (502 participants)
Broker compensation
$92K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Starmount Life Insurance CompanyDental, Vision376$383K$27K
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability477$358K$54K
Unum Insurance CompanyAccident, Critical Illness, Hospital111$59K$11K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 502 participants × $2,371 national average per member. Usually higher once dependents are counted.

$31K–$76K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Borusan Pipe U.S., Inc.
Sponsor EIN
33-1217424
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 33-1217424 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Borusan Pipe U.S., 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 Borusan Pipe U.S., Inc..

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