Parkland USA

Houston, TX Wholesale tradeNAICS 424700

Self-funded health planPlan year 2025Renews January
2,107Participants-16% vs. prior year
$5.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 45Wholesale trade in TXBy participants

Overview

Parkland USA sponsors a self-funded health plan that covered 2,107 participants in plan year 2025, down 17% 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
2,107 · prior year 2,524
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Parkland USA Health and Welfare Benefits Plan, plan 501 (2,107 participants)
Broker compensation
$200K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability1,680$1.1M$187K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,815$120K$13K

Pharmacy benefit estimate

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

$5.0M/ year

Estimated prescription spend: 2,107 participants × $2,371 national average per member. Usually higher once dependents are counted.

$130K–$320K/ year

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

Brands with a generic available$38K–$95K
Lower-cost therapeutic alternatives$55K–$116K
Generic pricing vs. actual cost$24K–$72K
PBM contract terms$12K–$37K
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
Parkland USA
Sponsor EIN
83-2255506
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-2255506 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Parkland USA 401(k) Plan
Type
401(k) plan
Participants
2,443

About this data

Source: Parkland USA'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 Parkland USA.

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