The Parr Company

Hillsboro, OR Wholesale tradeNAICS 423300

Self-funded health planPlan year 2025Renews March
1,537Participants+1% vs. prior year
$3.6MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#2 of 7Wholesale trade in ORBy participants

Overview

The Parr Company sponsors a self-funded health plan that covered 1,537 participants in plan year 2025, about the same as the prior year. The plan year starts in March. 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
1,537 · prior year 1,525
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
The Parr Company Healthcare Plan, plan 501 (1,537 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company
Broker compensation
$7K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance CompanyStop-loss1,894$812K—
Reliance Standard Life Insurance Co.Short-term disability, Life1,304$277K$5K
Vision Service PlanVision1,000$101K—
Reliance StandardLong-term disability1,304$97K$2K

Pharmacy benefit estimate

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

$3.6M/ year

Estimated prescription spend: 1,537 participants × $2,371 national average per member. Usually higher once dependents are counted.

$95K–$234K/ year

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

Brands with a generic available$28K–$69K
Lower-cost therapeutic alternatives$40K–$85K
Generic pricing vs. actual cost$17K–$52K
PBM contract terms$9K–$27K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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 Parr Company
Sponsor EIN
93-0645503
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 93-0645503 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Parr Company 401(k) Savings and Profit Sharing Plan
Type
401(k) plan
Participants
1,829

About this data

Source: The Parr Company'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 Parr Company.

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