Crystal Cabinet Works Inc.

Princeton, MN ManufacturingNAICS 337000

Self-funded health planPlan year 2024Renews July
552ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#75 of 78Manufacturing in MNBy participants

Overview

Crystal Cabinet Works Inc. sponsors a self-funded health plan that covered 552 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
552
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Crystal Cabinet Works Inc. Employee Welfare Benefit Plan, plan 504 (552 participants)
Stop-loss carrier
Medica Insurance Company
Broker compensation
$124K across insured contracts
MedicalLife insuranceDentalLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Medica Insurance CompanyMedical, Stop-loss770$634K$28K
United of Omaha Life Insurance CompanyLife, Short-term disability, Long-term disability556$428K$77K
Fidelity Security of Life Insurance CompanyVision452$20K$2K
Ddmn ASO LLCDental704—$18K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 552 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$84K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Crystal Cabinet Works Inc.
Sponsor EIN
41-0828559
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-0828559 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Crystal Cabinet Works, Inc. Salary Savings Plan
Type
401(k) plan
Participants
709

About this data

Source: Crystal Cabinet Works Inc.'s Form 5500 filing for plan year 2024 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 Crystal Cabinet Works Inc..

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