Blain Supply, Inc.

Janesville, WI RetailNAICS 444130

Self-funded health planPlan year 2024Renews July
2,518ParticipantsFirst year on file
$6.0MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#5 of 23Retail in WIBy participants

Overview

Blain Supply, Inc. sponsors a self-funded health plan that covered 2,518 participants in plan year 2024. The plan year starts in July. 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
2,518
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Blain Supply and Farm & Fleet Employee Welfare Benefit Plan, plan 501 (2,518 participants)
Broker compensation
$472K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Standard Insurance CompanyLife, Short-term disability, Long-term disability2,533$1.7M$364K
Delta Dental of WisconsinDental1,034$773K$92K
Vision Service PlanVision2,231$157K$16K

Pharmacy benefit estimate

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

$6.0M/ year

Estimated prescription spend: 2,518 participants × $2,371 national average per member. Usually higher once dependents are counted.

$155K–$383K/ year

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

Brands with a generic available$45K–$113K
Lower-cost therapeutic alternatives$66K–$139K
Generic pricing vs. actual cost$29K–$86K
PBM contract terms$15K–$45K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
Blain Supply, Inc.
Sponsor EIN
39-1104710
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1104710 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Blain Supply and Farm & Fleet Profit Sharing 401k Plan
Type
401(k) plan
Participants
4,344

About this data

Source: Blain Supply, 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 Blain Supply, Inc..

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