Bray International, Inc.

Houston, TX ManufacturingNAICS 332900

Self-funded health planPlan year 2024Renews April
871ParticipantsFirst year on file
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#95 of 149Manufacturing in TXBy participants

Overview

Bray International, Inc. sponsors a self-funded health plan that covered 871 participants in plan year 2024. The plan year starts in April. 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
871
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Bray International, Inc. Comprehensive Welfare Benefit Plan, plan 510 (871 participants)
Broker compensation
$30K 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
Reliastar Life Insurance CompanyLife, Short-term disability, Long-term disability1,446$449K$30K
Delta Dental Insurance CompanyDental956$397K—
Eyemed Vision Care on Behalf of the Fidelity Security Life Ins Co.Vision1,042$52K—
Alpha Dental Programs, Inc.Dental184$32K—
Health Advocate Solutions, Inc.Employee Assistance Program871$30K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 871 participants × $2,371 national average per member. Usually higher once dependents are counted.

$54K–$132K/ year

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

Brands with a generic available$16K–$39K
Lower-cost therapeutic alternatives$23K–$48K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Bray International, Inc.
Sponsor EIN
76-0184782
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 76-0184782 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Bray International, Inc. 401(k) Profit Sharing Plan & Trust
Type
401(k) plan
Participants
1,083

About this data

Source: Bray International, Inc.'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 Bray International, Inc..

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