Applied Aerospace Structures Corp.

Stockton, CA ManufacturingNAICS 336410

Self-funded health planPlan year 2025Renews May
570Participants+8% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#55 of 61Manufacturing in CABy participants

Overview

Applied Aerospace Structures Corp. sponsors a self-funded health plan that covered 570 participants in plan year 2025, up 8% from the prior year. The plan year starts in May. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
570 · prior year 529
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Applied Aerospace Structures Corp. Health and Welfare Plan, plan 503 (570 participants)
Broker compensation
$21K across insured contracts
MedicalLife insuranceDentalVisionLong-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 AmericaVision, Life, Long-term disability570$272K$21K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 570 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$87K/ year

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

Brands with a generic available$10K–$26K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 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
Applied Aerospace Structures Corp.
Sponsor EIN
36-4004211
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-4004211 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Applied Aerospace Structures Corp.'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 Applied Aerospace Structures Corp..

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