Quiktrip Corporation

Tulsa, OK RetailNAICS 445120

Self-funded health planPlan year 2024Renews May
7,995ParticipantsFirst year on file
$19.0MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#2 of 12Retail in OKBy participants

Overview

Quiktrip Corporation sponsors a self-funded health plan that covered 7,995 participants in plan year 2024. The plan year starts in May. 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
7,995
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
QT Injury Benefit Plan for Texas Employees, plan 504 (7,995 participants)
Broker compensation
$115K 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
Blue Cross Blue Shield of OklahomaMedical, PPO1,392$15.7M$8K
Kaiser Foundation Health Plan of Georgia, Inc.Medical, HMO839$4.9M$107K
Delta DentalDental11,319$4.6M—
Sun Life Assurance Company of CanadaLife11,973$2.9M—
Vision Service PlanVision11,622$445K—

Pharmacy benefit estimate

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

$19.0M/ year

Estimated prescription spend: 7,995 participants × $2,371 national average per member. Usually higher once dependents are counted.

$493K–$1.2M/ year

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

Brands with a generic available$144K–$360K
Lower-cost therapeutic alternatives$210K–$440K
Generic pricing vs. actual cost$91K–$273K
PBM contract terms$47K–$142K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Quiktrip Corporation
Sponsor EIN
73-0675375
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 73-0675375 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Quiktrip Corporation Retirement Plan
Type
401(k) plan
Participants
16,605

About this data

Source: Quiktrip Corporation'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 Quiktrip Corporation.

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