Custom Fabricating & Repair, Inc.

Marshfield, WI ManufacturingNAICS 332900

Self-funded health planPlan year 2025Renews January
641Participants-24% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#81 of 95Manufacturing in WIBy participants

Overview

Custom Fabricating & Repair, Inc. sponsors a self-funded health plan that covered 641 participants in plan year 2025, down 24% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, short-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
641 · prior year 840
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
CFR Fringe Benefit Plan, plan 501 (641 participants)
Broker compensation
$75K across insured contracts
MedicalLife insuranceDentalShort-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Assurity Life Insurance CompanyShort-term disability749$246K$49K
Delta Dental of WisconsinDental264$194K$19K
Illinois Mutual Life Insurance Co.Life112$31K$6K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 641 participants × $2,371 national average per member. Usually higher once dependents are counted.

$40K–$97K/ year

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

Brands with a generic available$12K–$29K
Lower-cost therapeutic alternatives$17K–$35K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$11K
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
Custom Fabricating & Repair, Inc.
Sponsor EIN
39-1557927
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1557927 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
CFR Retirement Savings Plan
Type
401(k) plan
Participants
568

About this data

Source: Custom Fabricating & Repair, 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 Custom Fabricating & Repair, Inc..

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