The Boyd Group U.S. Inc.

Chicago, IL Other servicesNAICS 811120

Self-funded health planPlan year 2025Renews April
12,065Participants+2% vs. prior year
$28.6MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#1 of 8Other services in ILBy participants

Overview

The Boyd Group U.S. Inc. sponsors a self-funded health plan that covered 12,065 participants in plan year 2025, about the same as 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
12,065 · prior year 11,873
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
The Boyd Group (US) Inc. Group Benefit Plan, plan 501 (12,065 participants)
Broker compensation
$821K 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
Metropolitan Life Insurance CompanyDental, Vision15,473$8.3M$473K
Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability11,563$6.7M$348K

Pharmacy benefit estimate

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

$28.6M/ year

Estimated prescription spend: 12,065 participants × $2,371 national average per member. Usually higher once dependents are counted.

$744K–$1.8M/ year

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

Brands with a generic available$217K–$544K
Lower-cost therapeutic alternatives$318K–$664K
Generic pricing vs. actual cost$137K–$412K
PBM contract terms$72K–$215K
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
The Boyd Group U.S. Inc.
Sponsor EIN
51-0394062
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 51-0394062 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gerber Collision & Glass 401(k) Plan
Type
401(k) plan
Participants
14,007

About this data

Source: The Boyd Group U.S. 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 The Boyd Group U.S. Inc..

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