Batesville Tool & DIE, Inc.

Batesville, IN ManufacturingNAICS 332900

Self-funded health planPlan year 2024Renews December
555ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Dec 2026Next renewalPlan year begins December 1
#86 of 93Manufacturing in INBy participants

Overview

Batesville Tool & DIE, Inc. sponsors a self-funded health plan that covered 555 participants in plan year 2024. The plan year starts in December. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
555
Plan year
Begins December 1 · next renewal December 2026
Health plans filed
Batesville Tool & DIE, Inc. Welfare Benefit Plan, plan 505 (555 participants)
Broker compensation
$112K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyDental, Vision, Life, Long-term disability555$497K$112K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 555 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$84K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning December 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Batesville Tool & DIE, Inc.
Sponsor EIN
35-1444312
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-1444312 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Batesville Tool & DIE, Inc. Employees' Retirement Savings Plan
Type
401(k) plan
Participants
632

About this data

Source: Batesville Tool & DIE, Inc.'s Form 5500 filing for plan year 2024 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 Batesville Tool & DIE, Inc..

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