Dexter Axle Company

Elkhart, IN ManufacturingNAICS 333200

Self-funded health planPlan year 2025Renews January
2,467Participants-14% vs. prior year
$5.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#18 of 93Manufacturing in INBy participants

Overview

Dexter Axle Company sponsors a self-funded health plan that covered 2,467 participants in plan year 2025, down 14% 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
2,467 · prior year 2,864
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Dexter Employee Welfare Benefits Plan, plan 501 (2,467 participants)
Broker compensation
$128K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability2,331$1.4M$101K
Delta Dental of IndianaDental3,426$1.2M—
Unum Insurance CompanyHospital, Accident, Critical Illness455$191K$27K
Vision Service PlanVision1,488$190K—
Anthem Insurance Companies, Inc.Employee Assistance Program3,395$50K—
XP HealthVision2,324$16K—

Pharmacy benefit estimate

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

$5.8M/ year

Estimated prescription spend: 2,467 participants × $2,371 national average per member. Usually higher once dependents are counted.

$152K–$375K/ year

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

Brands with a generic available$44K–$111K
Lower-cost therapeutic alternatives$65K–$136K
Generic pricing vs. actual cost$28K–$84K
PBM contract terms$15K–$44K
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
Dexter Axle Company
Sponsor EIN
36-4284104
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 36-4284104 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Dexter 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
3,854

About this data

Source: Dexter Axle Company'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 Dexter Axle Company.

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