Jennings Road Management Corp.

Glastonbury, CT RetailNAICS 441110

Self-funded health planPlan year 2025Renews January
2,323Participants-5% vs. prior year
$5.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 5Retail in CTBy participants

Overview

Jennings Road Management Corp. sponsors a self-funded health plan that covered 2,323 participants in plan year 2025, down 5% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,323 · prior year 2,441
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Jennings Road Management Corp. Selective Benefits Plan, plan 501 (2,323 participants)
Broker compensation
$590K across insured contracts
MedicalLife insuranceDentalVisionShort-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross Blue Shield of Massachusetts, Inc.Dental, HMO, PPO162$21.6M$491K
Unum Life Insurance Company of AmericaSelect Long-Term Disability, Life, Short-term disability, Grpaccvo, Gciee107$463K$29K
Unum Insurance CompanyGroup Accident, Attained Age Critical Illness575$161K$59K
Provident Life and Accident Insurance CompanyIstdprotec/iswlstnd/wholelife426$108K$8K
Vision Service PlanVision75$7K$389

Pharmacy benefit estimate

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

$5.5M/ year

Estimated prescription spend: 2,323 participants × $2,371 national average per member. Usually higher once dependents are counted.

$143K–$353K/ year

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

Brands with a generic available$42K–$105K
Lower-cost therapeutic alternatives$61K–$128K
Generic pricing vs. actual cost$26K–$79K
PBM contract terms$14K–$41K
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
Jennings Road Management Corp.
Sponsor EIN
06-1169004
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 06-1169004 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Herb Chambers Companies Section 401(k) Plan
Type
401(k) plan
Participants
2,535

About this data

Source: Jennings Road Management Corp.'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 Jennings Road Management Corp..

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