TI Group Automotive Systems Welfare Benefit Plan

Auburn Hills, MI ManufacturingNAICS 336300

Self-funded health planPlan year 2025Renews January
1,745Participants-6% vs. prior year
$4.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#52 of 138Manufacturing in MIBy participants

Overview

TI Group Automotive Systems Welfare Benefit Plan sponsors a self-funded health plan that covered 1,745 participants in plan year 2025, down 6% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,745 · prior year 1,850
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
TI Group Automotive Systems Welfare Benefit Plan, plan 514 (1,745 participants); TI Group Automotive Systems Welfare Benefit Plan, plan 515 (390 participants)
Stop-loss carrier
BCS Insurance Company; BCS Insurance Company
Broker compensation
$101K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
BCS Insurance CompanyStop-loss1,272$920K$101K
Minnesota Life Insurance CompanyLife1,577$873K—
UnitedHealthcare Insurance CompanyMedical99$383K—
Vision Service PlanVision1,116$367K—
Cigna Health and Life Insurance CompanyMedical, Dental, Vision, Voluntary Hospital Indemnity, Voluntary Critical Illness, Voluntary Accidental Injury302$321K—

Pharmacy benefit estimate

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

$4.1M/ year

Estimated prescription spend: 1,745 participants × $2,371 national average per member. Usually higher once dependents are counted.

$108K–$265K/ year

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

Brands with a generic available$31K–$79K
Lower-cost therapeutic alternatives$46K–$96K
Generic pricing vs. actual cost$20K–$60K
PBM contract terms$10K–$31K
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
TI Group Automotive Systems Welfare Benefit Plan
Sponsor EIN
38-3610909
Plan numbers
514, 515
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-3610909 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
TI Group Automotive Systems Employees' Savings Plan
Type
401(k) plan
Participants
2,778

About this data

Source: TI Group Automotive Systems Welfare Benefit Plan'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 TI Group Automotive Systems Welfare Benefit Plan.

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