Warren Equipment Company

Midland, TX Holding companiesNAICS 551112

Self-funded health planPlan year 2025Renews January
2,430Participants+0% vs. prior year
$5.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 16Holding companies in TXBy participants

Overview

Warren Equipment Company sponsors a self-funded health plan that covered 2,430 participants in plan year 2025, about the same as 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
2,430 · prior year 2,425
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Warren Equipment Company Health Benefit Plan, plan 501 (2,430 participants)
Stop-loss carrier
Bluecross Blueshield of Texas
Broker compensation
$386K 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
Bluecross Blueshield of TexasStop-loss4,083$1.9M$181K
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability2,166$1.7M$92K
Unum Insurance CompanyCritical Illness, GRP Accident, Hospital889$492K$113K
Vision Service PlanVision1,545$167K—
Zurich American Insurance CompanyAD&D2,166——

Pharmacy benefit estimate

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

$5.8M/ year

Estimated prescription spend: 2,430 participants × $2,371 national average per member. Usually higher once dependents are counted.

$150K–$369K/ year

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

Brands with a generic available$44K–$109K
Lower-cost therapeutic alternatives$64K–$134K
Generic pricing vs. actual cost$28K–$83K
PBM contract terms$14K–$43K
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
Warren Equipment Company
Sponsor EIN
75-2351267
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-2351267 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Warren Equipment Company 401(k) Retirement and Savings Plan
Type
401(k) plan
Participants
3,067

About this data

Source: Warren Equipment 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 Warren Equipment Company.

Request a correction · Methodology