Clariant Corporation

Charlotte, NC ManufacturingNAICS 325200

Self-funded health planPlan year 2025Renews January
1,098Participants-2% vs. prior year
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#42 of 85Manufacturing in NCBy participants

Overview

Clariant Corporation sponsors a self-funded health plan that covered 1,098 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
1,098 · prior year 1,118
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Clariant Corporation Employee Benefit Plan, plan 501 (1,098 participants); Clariant Corporation Section 125 Plan, plan 504 (957 participants)
Broker compensation
$206K 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
Sun Life Assurance Company of CanadaLife, Long-term disability, Short-term disability1,865$1.4M$133K
UnitedHealthcare Insurance CompanyMedicare Supplement623$1.2M—
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,736$103K$9K
MetLife Legal PlansLegal136$33K$4K
United Behavioral Health DBA OptumEmployee Assistance Program975$15K—
Ace American Insurance CompanyAccidental Death and Dismemberment957$7K$1K

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,098 participants × $2,371 national average per member. Usually higher once dependents are counted.

$68K–$167K/ year

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

Brands with a generic available$20K–$49K
Lower-cost therapeutic alternatives$29K–$60K
Generic pricing vs. actual cost$12K–$37K
PBM contract terms$7K–$20K
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
Clariant Corporation
Sponsor EIN
56-1356629
Plan numbers
501, 504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-1356629 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Clariant Retirement Savings Plan
Type
401(k) plan
Participants
1,868

About this data

Source: Clariant 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 Clariant Corporation.

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