Mcgovern Automotive Group
Overview
Mcgovern Automotive Group sponsors a self-funded health plan that covered 2,141 participants in plan year 2024. The plan year starts in October. 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
- 2,141
- Plan year
- Begins October 1 · next renewal October 2027
- Health plans filed
- Mcgovern Automotive Group Employee Benefits Plan, plan 501 (2,141 participants)
- Broker compensation
- $116K 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of Massachusetts | Dental | 1,997 | $929K | $47K |
| UnitedHealthcare Insurance Company | Voluntary Life, AD&D, Critical Illness, | 704 | $337K | $51K |
| Fidelity Security Life Insurance Company | Vision | 1,526 | $109K | $11K |
| Unum Life Insurance Company of America | Life, Short-term disability | 187 | $91K | $8K |
| Curalinc Healthcare | Employee Assistance Program | 1,475 | $19K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,141 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 2024
- Plan sponsor
- Mcgovern Automotive Group
- Sponsor EIN
- 81-2825767
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 81-2825767 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Mcgovern Automotive Group's Form 5500 filing for plan year 2024 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 Mcgovern Automotive Group.