Wisenbaker Builder Services, Inc.

Houston, TX ConstructionNAICS 238300

Self-funded health planPlan year 2024Renews April
579ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#44 of 57Construction in TXBy participants

Overview

Wisenbaker Builder Services, Inc. sponsors a self-funded health plan that covered 579 participants in plan year 2024. 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
579
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Wisenbaker Builder Services Group Medical Plan, plan 501 (579 participants)
Broker compensation
$102K 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
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability658$646K$85K
Continental American Insurance CompanyVoluntary Benefits146$88K$16K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 579 participants × $2,371 national average per member. Usually higher once dependents are counted.

$36K–$88K/ year

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

Brands with a generic available$10K–$26K
Lower-cost therapeutic alternatives$15K–$32K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
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 2024
Plan sponsor
Wisenbaker Builder Services, Inc.
Sponsor EIN
74-1761404
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 74-1761404 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Wisenbaker Builder Services, Inc.
Type
401(k) plan
Participants
1,211

About this data

Source: Wisenbaker Builder Services, Inc.'s Form 5500 filing for plan year 2024 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 Wisenbaker Builder Services, Inc..

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