Chesmar Homes, LLC

The Woodlands, TX ConstructionNAICS 236110

Self-funded health planPlan year 2025Renews October
552Participants+1% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#51 of 57Construction in TXBy participants

Overview

Chesmar Homes, LLC sponsors a self-funded health plan that covered 552 participants in plan year 2025, about the same as the prior year. The plan year starts in October. 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
552 · prior year 547
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Chesmar Homes, LLC Welfare Benefit Plan, plan 501 (552 participants)
Stop-loss carrier
Great Midwest Insurance Company
Broker compensation
$14K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Great Midwest Insurance CompanyStop-loss464$396K—
United of Omaha Life Insurance CompanyLife, Vision, Dental, Long-term disability, Critical Illness, Accident, Hospital Indemnity, Short-term disability582$265K$14K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 552 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$84K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Chesmar Homes, LLC
Sponsor EIN
20-2720694
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-2720694 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Chesmar Homes LLC 401(k) Plan
Type
401(k) plan
Participants
726

About this data

Source: Chesmar Homes, 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 Chesmar Homes, LLC.

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