Fincantieri Marine Group LLC

Green Bay, WI ManufacturingNAICS 333100

Self-funded health planPlan year 2025Renews January
1,991Participants+1% vs. prior year
$4.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#27 of 95Manufacturing in WIBy participants

Overview

Fincantieri Marine Group LLC sponsors a self-funded health plan that covered 1,991 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
1,991 · prior year 1,976
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Fincantieri Marine Group, LLC Health and Welfare Plan, plan 501 (1,991 participants)
Broker compensation
$111K 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
Continental American Insurance CompanyLife, Short-term disability, Long-term disability2,034$1.2M$78K
Superior Vision Insurance Plans of WisconsinVision3,482$257K$26K
Care-Plus Dental Plans, Inc.Dental393$127K$8K

Pharmacy benefit estimate

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

$4.7M/ year

Estimated prescription spend: 1,991 participants × $2,371 national average per member. Usually higher once dependents are counted.

$123K–$303K/ year

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

Brands with a generic available$36K–$90K
Lower-cost therapeutic alternatives$52K–$110K
Generic pricing vs. actual cost$23K–$68K
PBM contract terms$12K–$35K
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
Fincantieri Marine Group LLC
Sponsor EIN
39-1947771
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1947771 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Fincantieri Marine Group 401(k) Retirement Plan
Type
401(k) plan
Participants
1,341

About this data

Source: Fincantieri Marine Group 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 Fincantieri Marine Group LLC.

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