GPM Investments, LLC

Richmond, VA RetailNAICS 445120

Self-funded health planPlan year 2025Renews April
806Participants-34% vs. prior year
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#9 of 12Retail in VABy participants

Overview

GPM Investments, LLC sponsors a self-funded health plan that covered 806 participants in plan year 2025, down 34% from the prior year. The plan year starts in April. 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
806 · prior year 1,221
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
GPM Investments, LLC Texas Occupational Injury Benefit Plan, plan 505 (806 participants)
Broker compensation
$235K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability6,192$2.0M$45K
Cigna Health and Life Insurance Company and AffiliatesMedical, Prescription drug2,162$1.4M—
Delta Dental of VirginiaDental4,269$1.1M—
Reliaster Life Insurance CompanyAccident, Critical Illness, Hospital1,985$852K$189K
Vision Service PlanVision2,798$249K—

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 806 participants × $2,371 national average per member. Usually higher once dependents are counted.

$50K–$122K/ year

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

Brands with a generic available$15K–$36K
Lower-cost therapeutic alternatives$21K–$44K
Generic pricing vs. actual cost$9K–$28K
PBM contract terms$5K–$14K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
GPM Investments, LLC
Sponsor EIN
55-0807113
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 55-0807113 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
GPM Investments 401(k) Plan
Type
401(k) plan
Participants
11,570

About this data

Source: GPM Investments, 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 GPM Investments, LLC.

Request a correction · Methodology