King Automotive Management LLC

Coconut Creek, FL RetailNAICS 441110

Self-funded health planPlan year 2025Renews January
501ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#34 of 34Retail in FLBy participants

Overview

King Automotive Management LLC sponsors a self-funded health plan that covered 501 participants in plan year 2025. 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
501
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
King Motor Center Health and Life Insurance, plan 501 (501 participants)
Broker compensation
$64K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyLife, Dental, Short-term disability, Vision341$211K$56K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 501 participants × $2,371 national average per member. Usually higher once dependents are counted.

$31K–$76K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
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
King Automotive Management LLC
Sponsor EIN
27-1608330
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 27-1608330 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The King Group 401(k) Plan
Type
401(k) plan
Participants
454

About this data

Source: King Automotive Management LLC'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 King Automotive Management LLC.

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