Ariel Corporation

Mount Vernon, OH ManufacturingNAICS 331200

Self-funded health planPlan year 2025Renews June
1,478Participants-2% vs. prior year
$3.5MEst. pharmacy spend / yrParticipants × national avg.
Jun 2027Next renewalPlan year begins June 1
#56 of 147Manufacturing in OHBy participants

Overview

Ariel Corporation sponsors a self-funded health plan that covered 1,478 participants in plan year 2025, down 3% from the prior year. The plan year starts in June. 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
1,478 · prior year 1,516
Plan year
Begins June 1 · next renewal June 2027
Health plans filed
Ariel Corporation Employee Benefit Plan, plan 504 (1,478 participants)
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
Unum Life Insurance Company of AmericaGroup Long Term Care, Life, Long-term disability1,708$2.0M—
Vision Service PlanVision1,440$414K—

Pharmacy benefit estimate

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

$3.5M/ year

Estimated prescription spend: 1,478 participants × $2,371 national average per member. Usually higher once dependents are counted.

$91K–$225K/ year

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

Brands with a generic available$27K–$67K
Lower-cost therapeutic alternatives$39K–$81K
Generic pricing vs. actual cost$17K–$50K
PBM contract terms$9K–$26K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning June 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
Ariel Corporation
Sponsor EIN
31-0721681
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 31-0721681 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ariel Corporation Employee Retirement Plan
Type
401(k) plan
Participants
1,860

About this data

Source: Ariel Corporation'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 Ariel Corporation.

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