Fortune Brands Innovations, Inc.

Deerfield, IL Holding companiesNAICS 551112

Self-funded health planPlan year 2025Renews January
5,546Participants-6% vs. prior year
$13.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 12Holding companies in ILBy participants

Overview

Fortune Brands Innovations, Inc. sponsors a self-funded health plan that covered 5,546 participants in plan year 2025, down 7% 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
5,546 · prior year 5,932
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Fortune Brands Innovations, Inc. Consolidated Health & Welfare Plan, plan 501 (5,546 participants)
Broker compensation
$415K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Long-term disability, Short-term disability6,012$3.1M$134K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital Ind9,653$1.4M$281K
Vision Service PlanVision4,704$896K—
Spring HealthEmployee Assistance Program6,197$600K—
Berkley Life and Health Insurance CompanyAccidental Death and Dismemberment5,886$177K—

Pharmacy benefit estimate

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

$13.1M/ year

Estimated prescription spend: 5,546 participants × $2,371 national average per member. Usually higher once dependents are counted.

$342K–$843K/ year

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

Brands with a generic available$100K–$250K
Lower-cost therapeutic alternatives$146K–$305K
Generic pricing vs. actual cost$63K–$189K
PBM contract terms$33K–$99K
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
Fortune Brands Innovations, Inc.
Sponsor EIN
62-1411546
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-1411546 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Fortune Brands Innovations Retirement Savings Plan
Type
401(k) plan
Participants
6,887

About this data

Source: Fortune Brands Innovations, 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 Fortune Brands Innovations, Inc..

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