NR Automotive Inc.

Atlanta, GA Other servicesNAICS 811110

Self-funded health planPlan year 2024Renews October
853ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#5 of 10Other services in GABy participants

Overview

NR Automotive Inc. sponsors a self-funded health plan that covered 853 participants in plan year 2024. The plan year starts in October. Alongside medical, its benefits filing reports life insurance, dental, vision, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
853
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
NR Automotive Inc. GCF Benefit Plan, plan 501 (853 participants)
Broker compensation
$97K across insured contracts
MedicalLife insuranceDentalVisionDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaDental, Vision, Life853$529K$97K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 853 participants × $2,371 national average per member. Usually higher once dependents are counted.

$53K–$130K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$47K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
NR Automotive Inc.
Sponsor EIN
86-2762912
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 86-2762912 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: NR Automotive Inc.'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 NR Automotive Inc..

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