DAA Draexlmaier Automotive of America, LLC
Overview
DAA Draexlmaier Automotive of America, LLC sponsors a self-funded health plan that covered 1,337 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
- 1,337 · prior year 1,305
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- DAA Draexlmaier Automotive of America, LLC Employee Benefit Plan, plan 506 (1,337 participants)
- Stop-loss carrier
- Blue Cross Blue Shield of South Carolina
- Broker compensation
- $177K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Kaiser Foundation Health Plan, Inc. | Medical | 267 | $1.9M | $92K |
| Hartford Life and Accident | Life, Short-term disability, Long-term disability | 1,337 | $1.2M | $85K |
| Blue Cross Blue Shield of South Carolina | Stop-loss | 965 | $1.1M | — |
| Metropolitan Life Insurance Company | Dental, Vision | 1,137 | $946K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,337 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- DAA Draexlmaier Automotive of America, LLC
- Sponsor EIN
- 57-1032181
- Plan number
- 506
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 57-1032181 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Draexlmaier Automotive 401(k) Plan
- Type
- 401(k) plan
- Participants
- 1,610
About this data
Source: DAA Draexlmaier Automotive of America, 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 DAA Draexlmaier Automotive of America, LLC.