Centurion Industries, Inc.

Garrett, IN ConstructionNAICS 238900

Self-funded health planPlan year 2025Renews January
809Participants+1% vs. prior year
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#9 of 16Construction in INBy participants

Overview

Centurion Industries, Inc. sponsors a self-funded health plan that covered 809 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
809 · prior year 802
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Centurion Industries, Inc. Welfare Benefit Plan, plan 501 (809 participants)
Stop-loss carrier
Rmts Associates - Gerber Life
Broker compensation
$42K 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
America United Life Insurance CompanyLife, Short-term disability, Long-term disability1,098$415K$42K
Rmts Associates - Gerber LifeStop-loss748$361K—

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 809 participants × $2,371 national average per member. Usually higher once dependents are counted.

$50K–$123K/ year

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

Brands with a generic available$15K–$36K
Lower-cost therapeutic alternatives$21K–$45K
Generic pricing vs. actual cost$9K–$28K
PBM contract terms$5K–$14K
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
Centurion Industries, Inc.
Sponsor EIN
35-1463465
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-1463465 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Centurion Industries, Inc. 401(k) Plan
Type
401(k) plan
Participants
1,847

About this data

Source: Centurion Industries, 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 Centurion Industries, Inc..

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