Bekaert Corporation
Overview
Bekaert Corporation sponsors a self-funded health plan that covered 1,156 participants in plan year 2025, down 5% 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
- 1,156 · prior year 1,212
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Bekaert Corporation Health & Welfare Plan, plan 514 (1,156 participants)
- Broker compensation
- $103K 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 |
|---|---|---|---|---|
| American United Life Insurance Company | Long-term disability, Life | 1,440 | $1.0M | $80K |
| Prudential Insurance Company of America | Critical Illness, Hospital | 942 | $290K | $23K |
| Zurich American Insurance Company | Business Travel Accident | 1,440 | $2K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,156 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
- Bekaert Corporation
- Sponsor EIN
- 62-1340165
- Plan number
- 514
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 62-1340165 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Bekaert Corporation Retirement Income Plan
- Type
- Pension plan
- Participants
- 810
About this data
Source: Bekaert Corporation'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 Bekaert Corporation.