Belmark Inc.

De Pere, WI ManufacturingNAICS 322200

Self-funded health planPlan year 2025Renews January
1,186Participants+8% vs. prior year
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#43 of 95Manufacturing in WIBy participants

Overview

Belmark Inc. sponsors a self-funded health plan that covered 1,186 participants in plan year 2025, up 8% from the prior year. The plan year starts in January. 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
1,186 · prior year 1,102
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Belmark Inc. Welfare Plans, plan 502 (1,186 participants)
Broker compensation
$62K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Long-term disability1,473$518K$51K
Wyssta Insurance Company Inc.Vision897$136K$11K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,186 participants × $2,371 national average per member. Usually higher once dependents are counted.

$73K–$180K/ year

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

Brands with a generic available$21K–$53K
Lower-cost therapeutic alternatives$31K–$65K
Generic pricing vs. actual cost$13K–$40K
PBM contract terms$7K–$21K
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
Belmark Inc.
Sponsor EIN
39-1283237
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1283237 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Belmark 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 Belmark Inc..

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