J-Berd Mechanical Contractors, Inc.

Sauk Rapids, MN ConstructionNAICS 238220

Self-funded health planPlan year 2025Renews May
731Participants0% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#11 of 13Construction in MNBy participants

Overview

J-Berd Mechanical Contractors, Inc. sponsors a self-funded health plan that covered 731 participants in plan year 2025, about the same as the prior year. The plan year starts in May. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
731 · prior year 731
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
J-Berd Mechanical Contractors, Inc. Benefit Plan, plan 575 (731 participants)
Broker compensation
$65K across insured contracts
MedicalLife insuranceDentalShort-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Short-term disability440$338K$65K
Nice Healthcare PLLCTelehealth772$166K—

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 731 participants × $2,371 national average per member. Usually higher once dependents are counted.

$45K–$111K/ 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 May 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
J-Berd Mechanical Contractors, Inc.
Sponsor EIN
41-1716695
Plan number
575
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-1716695 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: J-Berd Mechanical Contractors, 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 J-Berd Mechanical Contractors, Inc..

Request a correction · Methodology