Henniges Automotive

Auburn Hills, MI ManufacturingNAICS 336300

Self-funded health planPlan year 2025Renews January
1,459Participants-13% vs. prior year
$3.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#63 of 138Manufacturing in MIBy participants

Overview

Henniges Automotive sponsors a self-funded health plan that covered 1,459 participants in plan year 2025, down 13% 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
1,459 · prior year 1,685
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Henniges Automotive Welfare Benefit Plan, plan 501 (1,459 participants)
Broker compensation
$116K 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
Hartford Life and AccidentLife, Long-term disability, Accidental Death & Dismemberment1,414$1.2M$116K
Vision Service PlanVision1,004$227K—
Health Advocate Solutions, Inc.Employee Assistance Program1,310$18K—

Pharmacy benefit estimate

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

$3.5M/ year

Estimated prescription spend: 1,459 participants × $2,371 national average per member. Usually higher once dependents are counted.

$90K–$222K/ year

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

Brands with a generic available$26K–$66K
Lower-cost therapeutic alternatives$38K–$80K
Generic pricing vs. actual cost$17K–$50K
PBM contract terms$9K–$26K
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
Henniges Automotive
Sponsor EIN
26-0778693
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-0778693 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Henniges Automotive'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 Henniges Automotive.

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