Graybar Electric Company, Inc.

St. Louis, MO Wholesale tradeNAICS 423600

Self-funded health planPlan year 2025Renews January
736Participants+5% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#9 of 11Wholesale trade in MOBy participants

Overview

Graybar Electric Company, Inc. sponsors a self-funded health plan that covered 736 participants in plan year 2025, up 5% 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
736 · prior year 699
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Graybar Electric Company, Inc. Group Medical Plan for Retirees, plan 513 (736 participants)
Broker compensation
$623K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Accidental Death & Dismemberment9,063$6.1M$512K
Metropolitan Life Insurance CompanyDisability Income Insurance, Dental13,946$5.0M$68K
Kaiser Foundation Health Plan Inc.Medical, HMO229$3.6M—
Unum Life Insurance Company of AmericaLong-term disability8,854$1.2M$44K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision12,107$700K—
Hawaii Medical Service AssociationMedical, HMO40$294K—

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 736 participants × $2,371 national average per member. Usually higher once dependents are counted.

$45K–$112K/ year

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

Brands with a generic available$13K–$33K
Lower-cost therapeutic alternatives$19K–$40K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
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
Graybar Electric Company, Inc.
Sponsor EIN
13-0794380
Plan number
513
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-0794380 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Profit Sharing and Savings Plan of Graybar Electric Company, Inc.
Type
401(k) plan
Participants
12,743

About this data

Source: Graybar Electric Company, 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 Graybar Electric Company, Inc..

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