Ascend Performance Materials Operations LLC

Houston, TX ManufacturingNAICS 325200

Self-funded health planPlan year 2025Renews January
2,650ParticipantsFirst year on file
$6.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#39 of 149Manufacturing in TXBy participants

Overview

Ascend Performance Materials Operations LLC sponsors a self-funded health plan that covered 2,650 participants in plan year 2025. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,650
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ascend Welfare Benefits Plan, plan 501 (2,650 participants)
Broker compensation
$91K across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Minnesota Life Insurance CompanyLife, Accidental Death and Dismemberment2,277$1.8M$40K
Lincoln National Life Insurance CompanyLong-term disability1,741$706K$10K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision3,511$335K$31K
Pre-Paid Legal Services Inc. DBA LegalshieldLegal337$52K$9K

Pharmacy benefit estimate

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

$6.3M/ year

Estimated prescription spend: 2,650 participants × $2,371 national average per member. Usually higher once dependents are counted.

$163K–$403K/ year

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

Brands with a generic available$48K–$119K
Lower-cost therapeutic alternatives$70K–$146K
Generic pricing vs. actual cost$30K–$90K
PBM contract terms$16K–$47K
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
Ascend Performance Materials Operations LLC
Sponsor EIN
26-4345777
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-4345777 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ascend Savings & Investment Plan
Type
401(k) plan
Participants
2,658

About this data

Source: Ascend Performance Materials Operations LLC'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 Ascend Performance Materials Operations LLC.

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