Cassavant Machining, Inc.

Phoenix, AZ ManufacturingNAICS 333610

Self-funded health planPlan year 2025Renews January
583Participants+1% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#15 of 16Manufacturing in AZBy participants

Overview

Cassavant Machining, Inc. sponsors a self-funded health plan that covered 583 participants in plan year 2025, about the same as 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
583 · prior year 580
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Cassavant Machining, Inc. Welfare Benefit Plan, plan 501 (583 participants)
Broker compensation
$35K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
UnitedHealthcare Insurance CompanyLife, Short-term disability, Long-term disability478$220K$31K
United Healthcare Insurance CompanyDental, Vision572$40K$4K

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 583 participants × $2,371 national average per member. Usually higher once dependents are counted.

$36K–$89K/ year

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

Brands with a generic available$11K–$26K
Lower-cost therapeutic alternatives$15K–$32K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$3K–$10K
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
Cassavant Machining, Inc.
Sponsor EIN
86-0905169
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 86-0905169 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
CMI Group 401(k) Plan
Type
401(k) plan
Participants
1,090

About this data

Source: Cassavant Machining, 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 Cassavant Machining, Inc..

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