Doosan Bobcat North America, Inc.

West Fargo, ND ManufacturingNAICS 333100

Self-funded health planPlan year 2025Renews January
5,348Participants-4% vs. prior year
$12.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 2Manufacturing in NDBy participants

Overview

Doosan Bobcat North America, Inc. sponsors a self-funded health plan that covered 5,348 participants in plan year 2025, down 4% 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
5,348 · prior year 5,549
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Doosan Health and Welfare Plan, plan 501 (5,348 participants)
Stop-loss carrier
Tokio Marine HCC Stop Loss Group
Broker compensation
$363K 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
Metropolitan Life Insurance CompanyMedical, Vision, Life, Short-term disability, Long-term disability6,233$4.7M$53
Metropolitan Life Insurance CompasnyVision, Life, Short-term disability, Long-term disability6,233$4.3M$53
Sierra Life and Health Insurance Company, Inc.Medical1,237$3.7M$177K
Tokio Marine HCC Stop Loss GroupStop-loss3,252$2.2M$41K
Blue Cross Blue Shield of North DakotaMedical2,194$1.5M—
Four Ever Life Ins Co.—505$1.2M$122K
Delaware American Life Insurance CompanyMedical, Dental, Life, Long-term disability114$109K$10K
MetLife Legal PlansLegal332$102K$10K
National Union Fire Ins Co. of PittsburghADD250$11K$3K

Pharmacy benefit estimate

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

$12.7M/ year

Estimated prescription spend: 5,348 participants × $2,371 national average per member. Usually higher once dependents are counted.

$330K–$813K/ year

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

Brands with a generic available$96K–$241K
Lower-cost therapeutic alternatives$141K–$294K
Generic pricing vs. actual cost$61K–$183K
PBM contract terms$32K–$95K
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
Doosan Bobcat North America, Inc.
Sponsor EIN
38-0425350
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-0425350 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Clark Equipment Company - Melroe Division, Gwinner, ND Plant Hourly-Rate Employees' Pension Plan
Type
Pension plan
Participants
1,464

About this data

Source: Doosan Bobcat North America, 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 Doosan Bobcat North America, Inc..

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