Badger Daylighting Corp.

Brownsburg, IN ConstructionNAICS 237310

Self-funded health planPlan year 2025Renews January
1,455Participants+12% vs. prior year
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 16Construction in INBy participants

Overview

Badger Daylighting Corp. sponsors a self-funded health plan that covered 1,455 participants in plan year 2025, up 12% from 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
1,455 · prior year 1,294
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Badger Daylighting Corp. Benefit Plan, plan 501 (1,455 participants)
Broker compensation
$277K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability1,455$1.4M$226K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital832$203K$48K
Arag Insurance CompanyLegal184$24K$2K
ComPsych CorporationEmployee Assistance Program1,019$18K—

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,455 participants × $2,371 national average per member. Usually higher once dependents are counted.

$90K–$221K/ year

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

Brands with a generic available$26K–$66K
Lower-cost therapeutic alternatives$38K–$80K
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 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
Badger Daylighting Corp.
Sponsor EIN
88-0411466
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 88-0411466 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Badger Daylighting Corp. 401(k) Plan
Type
401(k) plan
Participants
1,697

About this data

Source: Badger Daylighting 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 Badger Daylighting Corp..

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