Dormakaba USA

Indianapolis, IN ManufacturingNAICS 332510

Self-funded health planPlan year 2025Renews January
2,614Participants+0% vs. prior year
$6.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#17 of 93Manufacturing in INBy participants

Overview

Dormakaba USA sponsors a self-funded health plan that covered 2,614 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
2,614 · prior year 2,607
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Dormakaba USA Welfare and Flexible Benefits Plan, plan 501 (2,614 participants)
Broker compensation
$50K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Continental American Insurance CompanyLife, Long-term disability2,462$2.0M$42K
Delta Dental of PennsylvaniaDental3,868$1.6M—
Vision Service PlanVision1,704$237K—
MetLife Legal PlansLegal268$74K$8K

Pharmacy benefit estimate

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

$6.2M/ year

Estimated prescription spend: 2,614 participants × $2,371 national average per member. Usually higher once dependents are counted.

$161K–$397K/ year

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

Brands with a generic available$47K–$118K
Lower-cost therapeutic alternatives$69K–$144K
Generic pricing vs. actual cost$30K–$89K
PBM contract terms$15K–$46K
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
Dormakaba USA
Sponsor EIN
51-0367374
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 51-0367374 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Dormakaba USA Inc. 401(k) Plan
Type
401(k) plan
Participants
2,929

About this data

Source: Dormakaba USA'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 Dormakaba USA.

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