Clopay Corporation

Mason, OH ManufacturingNAICS 331200

Self-funded health planPlan year 2025Renews January
2,942Participants+0% vs. prior year
$7.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#24 of 147Manufacturing in OHBy participants

Overview

Clopay Corporation sponsors a self-funded health plan that covered 2,942 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
2,942 · prior year 2,929
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Clopay Corporation Employee Health Benefit Plan, plan 602 (2,942 participants)
Broker compensation
$67K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Anthem Life Insurance CompanyLife, Short-term disability, Long-term disability2,118$746K—
Unum Insurance CompanyCritical Illness, Accident978$393K$60K
Hartford Life and AccidentLife, Long-term disability, Accidental Death and Dismemberment2,959$325K$2K
MetLife Legal PlansLegal188$40K$5K
Hartford Life Insurance CompanyBusiness Travel Accident2,942$24K$415

Pharmacy benefit estimate

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

$7.0M/ year

Estimated prescription spend: 2,942 participants × $2,371 national average per member. Usually higher once dependents are counted.

$181K–$447K/ year

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

Brands with a generic available$53K–$133K
Lower-cost therapeutic alternatives$77K–$162K
Generic pricing vs. actual cost$33K–$100K
PBM contract terms$17K–$52K
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
Clopay Corporation
Sponsor EIN
11-3104146
Plan number
602
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 11-3104146 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Clopay 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 Clopay Corporation.

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