Chief Industries, Inc.

Grand Island, NE ManufacturingNAICS 332300

Self-funded health planPlan year 2025Renews January
1,260Participants0% vs. prior year
$3.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 16Manufacturing in NEBy participants

Overview

Chief Industries, Inc. sponsors a self-funded health plan that covered 1,260 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, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,260 · prior year 1,260
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Chief Industries, Inc. Health and Welfare Plan, plan 501 (1,260 participants)
Stop-loss carrier
Bluecross Blueshield
Broker compensation
$382K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Bluecross BlueshieldMedical, Prescription drug, Stop-loss1,545$14.6M$374K
United of Omaha Life Insurance CompanyLife, Long-term disability1,238$1.5M—
Ameritas Life Insurance Corp.Vision1,903$144K$9K
Zurich American Insurance CompanyBusiness Travel Accident1,309——

Pharmacy benefit estimate

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

$3.0M/ year

Estimated prescription spend: 1,260 participants × $2,371 national average per member. Usually higher once dependents are counted.

$78K–$191K/ year

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

Brands with a generic available$23K–$57K
Lower-cost therapeutic alternatives$33K–$69K
Generic pricing vs. actual cost$14K–$43K
PBM contract terms$7K–$22K
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
Chief Industries, Inc.
Sponsor EIN
47-0444429
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-0444429 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Chief Industries, Inc. Thrift Plan
Type
401(k) plan
Participants
1,554

About this data

Source: Chief 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 Chief Industries, Inc..

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