Element Materials Technology Holding USA Inc.

Blue Ash, OH Professional servicesNAICS 541990

Self-funded health planPlan year 2025Renews January
3,386Participants+11% vs. prior year
$8.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 44Professional services in OHBy participants

Overview

Element Materials Technology Holding USA Inc. sponsors a self-funded health plan that covered 3,386 participants in plan year 2025, up 11% 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
3,386 · prior year 3,048
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Element Group Insurance Plan, plan 501 (3,386 participants)
Broker compensation
$577K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLong-term disability, Short-term disability, Life, Accidental Death & Dismemberment3,939$2.8M$450K
Cigna Health and Life Insurance CompanyAccidental Injury, Critical Illness, Hospital Care920$591K$116K
Pre-Paid Legal Services Inc. DBA LegalshieldLegal Services Plan Memberships404$68K$12K

Pharmacy benefit estimate

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

$8.0M/ year

Estimated prescription spend: 3,386 participants × $2,371 national average per member. Usually higher once dependents are counted.

$209K–$515K/ year

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

Brands with a generic available$61K–$153K
Lower-cost therapeutic alternatives$89K–$186K
Generic pricing vs. actual cost$39K–$116K
PBM contract terms$20K–$60K
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
Element Materials Technology Holding USA Inc.
Sponsor EIN
26-2658878
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-2658878 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Element Savings and Investment Plan
Type
401(k) plan
Participants
4,799

About this data

Source: Element Materials Technology Holding USA 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 Element Materials Technology Holding USA Inc..

Request a correction · Methodology