JIM Brown Chevrolet Inc., DBA Classic Chevrolet

Mentor, OH RetailNAICS 441110

Self-funded health planPlan year 2025Renews January
734Participants+3% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#25 of 31Retail in OHBy participants

Overview

JIM Brown Chevrolet Inc., DBA Classic Chevrolet sponsors a self-funded health plan that covered 734 participants in plan year 2025, up 3% 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
734 · prior year 713
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Employee Benefits Plan, plan 501 (734 participants)
Stop-loss carrier
Medical Mutual of Ohio
Broker compensation
$154K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Medical Mutual of OhioStop-loss719$942K$151K
Medmutual Life Insurance CompanyLife729$15K$3K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 734 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
JIM Brown Chevrolet Inc., DBA Classic Chevrolet
Sponsor EIN
34-1274105
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1274105 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
JIM Brown Chevrolet, Inc. DBA Classic Chevrolet 401(k) Plan
Type
401(k) plan
Participants
1,101

About this data

Source: JIM Brown Chevrolet Inc., DBA Classic Chevrolet'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 JIM Brown Chevrolet Inc., DBA Classic Chevrolet.

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