Braum's Inc.

Oklahoma City, OK HospitalityNAICS 722513

Self-funded health planPlan year 2025Renews January
5,104Participants+12% vs. prior year
$12.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 4Hospitality in OKBy participants

Overview

Braum's Inc. sponsors a self-funded health plan that covered 5,104 participants in plan year 2025, up 12% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports short-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
5,104 · prior year 4,557
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Braum's Occupational Safety Program, plan 505 (5,104 participants)
MedicalShort-term disability

Pharmacy benefit estimate

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

$12.1M/ year

Estimated prescription spend: 5,104 participants × $2,371 national average per member. Usually higher once dependents are counted.

$315K–$776K/ year

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

Brands with a generic available$92K–$230K
Lower-cost therapeutic alternatives$134K–$281K
Generic pricing vs. actual cost$58K–$174K
PBM contract terms$30K–$91K
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
Braum's Inc.
Sponsor EIN
30-0288983
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 30-0288983 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Braum'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 Braum's Inc..

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