Gravie, Inc.

Minneapolis, MN Finance & insuranceNAICS 524290

Self-funded health planPlan year 2025Renews January
543Participants0% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#16 of 17Finance & insurance in MNBy participants

Overview

Gravie, Inc. sponsors a self-funded health plan that covered 543 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
543 · prior year 543
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Gravie, Inc. FSA Plan, plan 504 (543 participants); Gravie, Inc. Medical Plan, plan 503 (366 participants)
Broker compensation
$43K 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
Sun Life Assurance Company of CanadaDental, Vision349$254K$15K
Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability430$252K$29K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 543 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$83K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$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 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
Gravie, Inc.
Sponsor EIN
46-2944277
Plan numbers
504, 503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-2944277 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gravie, Inc. 401k Plan
Type
401(k) plan
Participants
575

About this data

Source: Gravie, 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 Gravie, Inc..

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