Eastern Lift Truck Company, Inc.

Maple Shade, NJ Wholesale tradeNAICS 423800

Self-funded health planPlan year 2025Renews January
1,183Participants+1% vs. prior year
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 16Wholesale trade in NJBy participants

Overview

Eastern Lift Truck Company, Inc. sponsors a self-funded health plan that covered 1,183 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
1,183 · prior year 1,175
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Eastern Lift Truck Company, Inc. Group Benefit Plan, plan 501 (1,183 participants)
Broker compensation
$109K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaLife, Short-term disability, Long-term disability1,183$850K$106K
Vision Service PlanVision739$188K$4K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,183 participants × $2,371 national average per member. Usually higher once dependents are counted.

$73K–$180K/ year

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

Brands with a generic available$21K–$53K
Lower-cost therapeutic alternatives$31K–$65K
Generic pricing vs. actual cost$13K–$40K
PBM contract terms$7K–$21K
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
Eastern Lift Truck Company, Inc.
Sponsor EIN
22-1949798
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-1949798 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Eastern Lift Truck Co., Inc. 401(k) Retirement Plan
Type
401(k) plan
Participants
1,506

About this data

Source: Eastern Lift Truck Company, 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 Eastern Lift Truck Company, Inc..

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