Century Aluminum Company

Chicago, IL ManufacturingNAICS 331310

Self-funded health planPlan year 2025Renews January
1,310Participants+6% vs. prior year
$3.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#62 of 122Manufacturing in ILBy participants

Overview

Century Aluminum Company sponsors a self-funded health plan that covered 1,310 participants in plan year 2025, up 6% 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
1,310 · prior year 1,232
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Century Aluminum Master Welfare Benefit Plan, plan 501 (1,310 participants); Century Aluminum Company Retiree Welfare Benefit Plan, plan 511 (262 participants)
Broker compensation
$89K 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
Prudential Insurance Company of AmericaLife, Long-term disability1,255$1.2M$88K
Telus Health (US) LtdEmployee Assistance Program1,253$19K—
Zurich American Insurance CompanyBusiness Travel Accident1,255$3K$1K

Pharmacy benefit estimate

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

$3.1M/ year

Estimated prescription spend: 1,310 participants × $2,371 national average per member. Usually higher once dependents are counted.

$81K–$199K/ year

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

Brands with a generic available$24K–$59K
Lower-cost therapeutic alternatives$34K–$72K
Generic pricing vs. actual cost$15K–$45K
PBM contract terms$8K–$23K
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
Century Aluminum Company
Sponsor EIN
13-3070826
Plan numbers
501, 511
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-3070826 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Century Aluminum Consolidated Retirement Plan
Type
Pension plan
Participants
1,873

About this data

Source: Century Aluminum Company'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 Century Aluminum Company.

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