BW Gas & Convenience Holdings, LLC

Beverly, MA RetailNAICS 447100

Self-funded health planPlan year 2025Renews January
3,976Participants+3% vs. prior year
$9.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 20Retail in MABy participants

Overview

BW Gas & Convenience Holdings, LLC sponsors a self-funded health plan that covered 3,976 participants in plan year 2025, up 3% from the prior year. 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
3,976 · prior year 3,866
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
BW Gas & Convenience Holdings Employee Benefits Plan, plan 501 (3,976 participants)
Broker compensation
$502K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Continental American Insurance CompanyAccident, Critical Illness, Disability, 2,246$1.4M$398K
Reliance Standard Life Insurance CompanyLife, Long-term disability, Voluntary AD&D, Short-term disability3,976$1.1M$80K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,470$87K$16K
Legal Access Services Group, LLCPre-Paid Legal295$55K$8K

Pharmacy benefit estimate

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

$9.4M/ year

Estimated prescription spend: 3,976 participants × $2,371 national average per member. Usually higher once dependents are counted.

$245K–$604K/ year

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

Brands with a generic available$72K–$179K
Lower-cost therapeutic alternatives$105K–$219K
Generic pricing vs. actual cost$45K–$136K
PBM contract terms$24K–$71K
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
BW Gas & Convenience Holdings, LLC
Sponsor EIN
47-4202707
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-4202707 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
BW Gas & Convenience Holdings, LLC 401(k) Plan
Type
401(k) plan
Participants
6,381

About this data

Source: BW Gas & Convenience Holdings, 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 BW Gas & Convenience Holdings, LLC.

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