Pack Automotive Group

Farmers Branch, TX RetailNAICS 441110

Self-funded health planPlan year 2024Renews July
521ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#59 of 64Retail in TXBy participants

Overview

Pack Automotive Group sponsors a self-funded health plan that covered 521 participants in plan year 2024. The plan year starts in July. 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
521
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Pack Automotive Group Health Plan, plan 501 (521 participants)
Broker compensation
$194K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Symetra Life Insurance CompanyLife, Short-term disability, Long-term disability, Critical Illness, Accident, Hospital Ind864$595K$127K
Ameritas Life Insurance Corp.Dental, Vision2,239$446K$67K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 521 participants × $2,371 national average per member. Usually higher once dependents are counted.

$32K–$79K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
Pack Automotive Group
Sponsor EIN
75-1007322
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-1007322 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Pack Automotive Group 401(k) Plan
Type
401(k) plan
Participants
1,004

About this data

Source: Pack 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 Pack Automotive Group.

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