Croda Inc.

Plainsboro, NJ ManufacturingNAICS 325600

Self-funded health planPlan year 2025Renews January
1,008Participants0% vs. prior year
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#50 of 76Manufacturing in NJBy participants

Overview

Croda Inc. sponsors a self-funded health plan that covered 1,008 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
1,008 · prior year 1,008
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Croda, Inc. Group Benefit Plan, plan 501 (1,008 participants)
Broker compensation
$123K 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
United of Omaha Life Insurance CompanyLife, Short-term disability, Long-term disability819$870K$91K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,435$115K$12K
Mutual of Omaha Insurance CompanyAccidental Death and Dismemberment967$68K$14K
MetLife Legal PlansLegal194$53K$6K
Federal Insurance CompanyBusiness Travel Accident460——

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 1,008 participants × $2,371 national average per member. Usually higher once dependents are counted.

$62K–$153K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$27K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
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
Croda Inc.
Sponsor EIN
13-5603841
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-5603841 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Croda Inc. Retirement Savings Plan
Type
401(k) plan
Participants
1,286

About this data

Source: Croda 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 Croda Inc..

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