MR. Bult's Inc.

Burnham, IL Transportation & logisticsNAICS 484200

Self-funded health planPlan year 2025Renews January
1,434Participants+49% vs. prior year
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#11 of 20Transportation & logistics in ILBy participants

Overview

MR. Bult's Inc. sponsors a self-funded health plan that covered 1,434 participants in plan year 2025, up 49% 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
1,434 · prior year 964
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
MR. Bult's Fringe Benefit Plan, plan 521 (1,434 participants)
Broker compensation
$212K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Dearborn Life Insurance CompanyLife, Short-term disability, Long-term disability1,422$1.0M$123K
Metropolitan Life Insurance CompanyDental, Vision1,906$507K$31K
Reliastar Life Insurance CompanyAccident, Critical Illness779$290K$58K

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,434 participants × $2,371 national average per member. Usually higher once dependents are counted.

$88K–$218K/ year

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

Brands with a generic available$26K–$65K
Lower-cost therapeutic alternatives$38K–$79K
Generic pricing vs. actual cost$16K–$49K
PBM contract terms$9K–$26K
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
MR. Bult's Inc.
Sponsor EIN
36-3408042
Plan number
521
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-3408042 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
MR. Bults, Inc. 401(k) Plan
Type
401(k) plan
Participants
1,877

About this data

Source: MR. Bult's Inc.'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 MR. Bult's Inc..

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