FJ Management Inc.

Salt Lake City, UT RetailNAICS 447100

Self-funded health planPlan year 2025Renews January
11,000Participants+58% vs. prior year
$26.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 15Retail in UTBy participants

Overview

FJ Management Inc. sponsors a self-funded health plan that covered 11,000 participants in plan year 2025, up 58% 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
11,000 · prior year 6,967
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
FJ Management Inc. Cafeteria Plan, plan 501 (11,000 participants)
Broker compensation
$428K 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
Usable LifeLife, Short-term disability, Long-term disability11,000$5.2M$395K
Ameritas Life Insurance Corp.Vision12,236$1.0M$30K
Prudential Insurance Company of AmericaAccidental Death and Dismemberment278$33K$3K

Pharmacy benefit estimate

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

$26.1M/ year

Estimated prescription spend: 11,000 participants × $2,371 national average per member. Usually higher once dependents are counted.

$678K–$1.7M/ year

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

Brands with a generic available$198K–$496K
Lower-cost therapeutic alternatives$289K–$605K
Generic pricing vs. actual cost$125K–$376K
PBM contract terms$65K–$196K
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
FJ Management Inc.
Sponsor EIN
94-1663458
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 94-1663458 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
FJ Management Inc. 401(k) Plan
Type
401(k) plan
Participants
16,368

About this data

Source: FJ Management 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 FJ Management Inc..

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