Coloplast Corp.

Minneapolis, MN ManufacturingNAICS 325200

Self-funded health planPlan year 2025Renews January
1,376Participants+5% vs. prior year
$3.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#30 of 78Manufacturing in MNBy participants

Overview

Coloplast Corp. sponsors a self-funded health plan that covered 1,376 participants in plan year 2025, up 5% 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
1,376 · prior year 1,307
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Coloplast Corp. Welfare Benefits Plan, plan 502 (1,376 participants)
Broker compensation
$69K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability1,243$842K$41K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital1,684$268K$28K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,713$100K—

Pharmacy benefit estimate

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

$3.3M/ year

Estimated prescription spend: 1,376 participants × $2,371 national average per member. Usually higher once dependents are counted.

$85K–$209K/ year

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

Brands with a generic available$25K–$62K
Lower-cost therapeutic alternatives$36K–$76K
Generic pricing vs. actual cost$16K–$47K
PBM contract terms$8K–$24K
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
Coloplast Corp.
Sponsor EIN
26-0755281
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-0755281 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Coloplast Corp. 401(k) Plan
Type
401(k) plan
Participants
2,418

About this data

Source: Coloplast Corp.'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 Coloplast Corp..

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