Baker Roofing Company Inc.

Cary, NC ConstructionNAICS 238100

Self-funded health planPlan year 2025Renews January
1,006Participants0% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 21Construction in NCBy participants

Overview

Baker Roofing Company Inc. sponsors a self-funded health plan that covered 1,006 participants in plan year 2025, about the same as 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
1,006 · prior year 1,006
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Baker Roofing Company Inc. Welfare Benefit Plan, plan 501 (1,006 participants)
Broker compensation
$153K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliastar Life Insurance CompanyLife, Short-term disability, Long-term disability982$504K$103K
Delta Dental of North CarolinaDental1,168$389K$39K
Vision Service PlanVision529$86K$11K

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,006 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$153K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$26K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
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
Baker Roofing Company Inc.
Sponsor EIN
56-0130810
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-0130810 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Baker Roofing Company 401(k) Plan
Type
401(k) plan
Participants
1,014

About this data

Source: Baker Roofing Company Inc.'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 Baker Roofing Company Inc..

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