Sames Motor Company, Inc.

Laredo, TX RetailNAICS 441228

Self-funded health planPlan year 2025Renews April
783Participants+66% vs. prior year
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#51 of 64Retail in TXBy participants

Overview

Sames Motor Company, Inc. sponsors a self-funded health plan that covered 783 participants in plan year 2025, up 66% from the prior year. The plan year starts in April. 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
783 · prior year 472
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Sames Motor Company, Inc. Employee Benefits Plan, plan 505 (783 participants)
Broker compensation
$96K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Short-term disability, Long-term disability1,042$382K$96K
Bluecross Blueshield of TexasDental564$167K—
Vision Service PlanVision324$44K—

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 783 participants × $2,371 national average per member. Usually higher once dependents are counted.

$48K–$119K/ year

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

Brands with a generic available$14K–$35K
Lower-cost therapeutic alternatives$21K–$43K
Generic pricing vs. actual cost$9K–$27K
PBM contract terms$5K–$14K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Sames Motor Company, Inc.
Sponsor EIN
74-1493789
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 74-1493789 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sames Motor Company, Inc. Salary Deferral 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
779

About this data

Source: Sames Motor Company, 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 Sames Motor Company, Inc..

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