Douglas Dynamics LLC

Milwaukee, WI ManufacturingNAICS 332900

Self-funded health planPlan year 2025Renews January
1,711Participants-6% vs. prior year
$4.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#31 of 95Manufacturing in WIBy participants

Overview

Douglas Dynamics LLC sponsors a self-funded health plan that covered 1,711 participants in plan year 2025, down 6% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,711 · prior year 1,824
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Douglas Dynamics Welfare Plan, plan 502 (1,711 participants)
Broker compensation
$178K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliastar Life Insurance CompanyLife2,107$759K$116K
Lincoln National Life Insurance CompanyLong-term disability1,711$488K$34K
Wyssta Insurance Company, Inc.Vision1,063$148K$12K

Pharmacy benefit estimate

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

$4.1M/ year

Estimated prescription spend: 1,711 participants × $2,371 national average per member. Usually higher once dependents are counted.

$105K–$260K/ year

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

Brands with a generic available$31K–$77K
Lower-cost therapeutic alternatives$45K–$94K
Generic pricing vs. actual cost$19K–$58K
PBM contract terms$10K–$30K
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
Douglas Dynamics LLC
Sponsor EIN
42-1623692
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 42-1623692 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Douglas Dynamics LLC'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 Douglas Dynamics LLC.

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