Barnes Group Inc.
Overview
Barnes Group Inc. sponsors a self-funded health plan that covered 1,578 participants in plan year 2025, up 7% 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
- 1,578 · prior year 1,475
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Barnes Group Inc. Health and Welfare Plan, plan 518 (1,578 participants)
- Broker compensation
- $115K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| The Guardian Life Insurance Company of America | Life, Long-term disability | 1,582 | $1.6M | $108K |
| Vision Service Plan | Vision | 1,061 | $159K | $4K |
| Ace American Insurance Company | Business Travel Accident | 1,578 | $13K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,578 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Barnes Group Inc.
- Sponsor EIN
- 06-0247840
- Plan number
- 518
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 06-0247840 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Barnes Group Inc. Consolidated Pension Plan
- Type
- Pension plan
- Participants
- 3,058
About this data
Source: Barnes Group 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 Barnes Group Inc..