Eneric Petroleum Corporation

Fairfield, IA Finance & insuranceNAICS 523120

Self-funded health planPlan year 2025Renews January
969Participants-4% vs. prior year
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 13Finance & insurance in IABy participants

Overview

Eneric Petroleum Corporation sponsors a self-funded health plan that covered 969 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
969 · prior year 1,005
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Eneric Petroleum Corporation Employee Benefits Plan, plan 502 (969 participants)
Stop-loss carrier
Wellmark Blue Cross and Blue Shield of Iowa
Broker compensation
$169K 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
Wellmark Blue Cross and Blue Shield of IowaStop-loss808$9.0M$89K
Unum Life Insurance Company of AmericaShort-term disability, Long-term disability, Life918$666K$46K
Unum Insurance CompanyCritical Illness, Hospital Indemnity, GRP Accident243$163K$24K
Delta Dental of IowaDental787—$10K

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 969 participants × $2,371 national average per member. Usually higher once dependents are counted.

$60K–$147K/ year

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

Brands with a generic available$17K–$44K
Lower-cost therapeutic alternatives$26K–$53K
Generic pricing vs. actual cost$11K–$33K
PBM contract terms$6K–$17K
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
Eneric Petroleum Corporation
Sponsor EIN
59-2112363
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 59-2112363 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Cambridge Investment Group Retirement Plan
Type
401(k) plan
Participants
1,148

About this data

Source: Eneric Petroleum Corporation'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 Eneric Petroleum Corporation.

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