LKQ Corporation
Overview
LKQ Corporation sponsors a self-funded health plan that covered 14,963 participants in plan year 2025, down 8% from the prior year. 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
- 14,963 · prior year 16,308
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- LKQ Corporate Welfare Benefit Plan, plan 501 (14,963 participants); LKQ Corp. Injury Benefit Plan for Texas Employees, plan 504 (1,643 participants)
- Broker compensation
- $479K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| The Lincoln National Life Insurance Company | Life, Long-term disability, Short-term disability | 15,516 | $6.9M | $479K |
| Vision Service Plan | Vision | 8,744 | $919K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 14,963 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- LKQ Corporation
- Sponsor EIN
- 36-4215970
- Plan numbers
- 501, 504
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 36-4215970 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- LKQ Corporation Employees' Retirement Plan
- Type
- 401(k) plan
- Participants
- 17,881
About this data
Source: LKQ Corporation'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 LKQ Corporation.