Cambrex Corporation

East Rutherford, NJ ManufacturingNAICS 325410

Self-funded health planPlan year 2025Renews January
1,075Participants+14% vs. prior year
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#48 of 76Manufacturing in NJBy participants

Overview

Cambrex Corporation sponsors a self-funded health plan that covered 1,075 participants in plan year 2025, up 14% 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
1,075 · prior year 947
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Cambrex Corporation Group Welfare Plan, plan 505 (1,075 participants)
Broker compensation
$17K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability1,051$655K$10K
Vision Service PlanVision861$139K$3K
Arag Insurance CompanyLegal246$27K$4K
ComPsychEmployee Assistance Program900$19K—
Ace American Insurance CompanyBusiness Travel Accident1,064$13K—

Pharmacy benefit estimate

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

$2.5M/ year

Estimated prescription spend: 1,075 participants × $2,371 national average per member. Usually higher once dependents are counted.

$66K–$163K/ year

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

Brands with a generic available$19K–$48K
Lower-cost therapeutic alternatives$28K–$59K
Generic pricing vs. actual cost$12K–$37K
PBM contract terms$6K–$19K
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
Cambrex Corporation
Sponsor EIN
22-2476135
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-2476135 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Cambrex Corporation Savings Plan
Type
401(k) plan
Participants
1,504

About this data

Source: Cambrex 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 Cambrex Corporation.

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