Ingram Ready Mix, Inc.

New Braunfels, TX ManufacturingNAICS 327300

Self-funded health planPlan year 2024Renews November
834ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#100 of 149Manufacturing in TXBy participants

Overview

Ingram Ready Mix, Inc. sponsors a self-funded health plan that covered 834 participants in plan year 2024. The plan year starts in November. Alongside medical, its benefits filing reports life insurance, dental, vision.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
834
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
Ingram Ready Mix, Inc. Employee Benefits Plan, plan 501 (834 participants)
Stop-loss carrier
Bluecross Blueshield of Texas
Broker compensation
$67K across insured contracts
MedicalLife insuranceDentalVisionOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Bluecross Blueshield of TexasStop-loss1,348$5.1M$21K
Rxbenefits, Inc.Prescription drug1,632$2.4M—
Sun Life Assurance Company of CanadaDental, Vision674$402K$44K
Dearborn Life Insurance CompanyLife788$40K$2K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 834 participants × $2,371 national average per member. Usually higher once dependents are counted.

$51K–$127K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$9K–$28K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Ingram Ready Mix, Inc.
Sponsor EIN
74-1550251
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 74-1550251 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ingram Readymix, Inc. Profit Sharing Plan
Type
401(k) plan
Participants
817

About this data

Source: Ingram Ready Mix, Inc.'s Form 5500 filing for plan year 2024 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 Ingram Ready Mix, Inc..

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