Subaru of America, Inc.

Camden, NJ Wholesale tradeNAICS 423100

Self-funded health planPlan year 2025Renews January
2,104Participants+3% vs. prior year
$5.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 16Wholesale trade in NJBy participants

Overview

Subaru of America, Inc. sponsors a self-funded health plan that covered 2,104 participants in plan year 2025, up 3% 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
2,104 · prior year 2,035
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Subaru of America, Inc. Welfare Benefit Plan, plan 510 (2,104 participants)
Stop-loss carrier
Horizon Healthcare Services, Inc.
Broker compensation
$155K 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
Pleiades Insurance Company, LtdIndividual Excess Risk1,854$2.2M—
Minnesota Life Insurance CompanyLife1,492$1.3M—
Horizon Healthcare Services, Inc.Stop-loss1,867$874K$73K
Hartford Life and AccidentVoluntary Accident Insurance, Voluntary Critical Illness, Long-term disability1,470$667K$58K
Eyemed Vision CareVision4,004$301K—
National Union Fire Ins. Co. of Pittsburgh, PAAccidental Death & Dismemberment1,509$83K$25K
Curalinc, LLC—1,522$36K—

Pharmacy benefit estimate

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

$5.0M/ year

Estimated prescription spend: 2,104 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
Subaru of America, Inc.
Sponsor EIN
23-1693419
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-1693419 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Retirement and Savings Plan of Subaru of America, Inc.
Type
401(k) plan
Participants
2,020

About this data

Source: Subaru of America, 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 Subaru of America, Inc..

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