Gerald Nissan of North Aurora, Inc.

North Aurora, IL RetailNAICS 441110

Self-funded health planPlan year 2025Renews January
695Participants+1% vs. prior year
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#18 of 19Retail in ILBy participants

Overview

Gerald Nissan of North Aurora, Inc. sponsors a self-funded health plan that covered 695 participants in plan year 2025, about the same as 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
695 · prior year 690
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Gerald Nissan of North Aurora, Inc. Health Care Plan, plan 501 (695 participants)
Broker compensation
$101K 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
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability664$568K$97K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 695 participants × $2,371 national average per member. Usually higher once dependents are counted.

$43K–$106K/ year

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

Brands with a generic available$13K–$31K
Lower-cost therapeutic alternatives$18K–$38K
Generic pricing vs. actual cost$8K–$24K
PBM contract terms$4K–$12K
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
Gerald Nissan of North Aurora, Inc.
Sponsor EIN
36-4162660
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-4162660 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gerald Auto Group 401(k) Plan & Trust
Type
401(k) plan
Participants
868

About this data

Source: Gerald Nissan of North Aurora, 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 Gerald Nissan of North Aurora, Inc..

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