Genesis Products, LLC

Elkhart, IN ManufacturingNAICS 321900

Self-funded health planPlan year 2025Renews January
522Participants-11% vs. prior year
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#89 of 93Manufacturing in INBy participants

Overview

Genesis Products, LLC sponsors a self-funded health plan that covered 522 participants in plan year 2025, down 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
522 · prior year 588
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Genesis Products, LLC Employee Benefits Plan, plan 501 (522 participants)
Broker compensation
$139K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability511$405K$102K
HRI Dental & VisionDental894$236K$24K
UnitedHealthcare Insurance CompanyOrgan Transplant872$77K$8K
Anthem Insurance Companies, Inc.Vision947$57K$6K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 522 participants × $2,371 national average per member. Usually higher once dependents are counted.

$32K–$79K/ year

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

Brands with a generic available$9K–$24K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
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
Genesis Products, LLC
Sponsor EIN
35-2178614
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-2178614 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Genesis Products, LLC 401(k) Plan
Type
401(k) plan
Participants
1,031

About this data

Source: Genesis Products, 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 Genesis Products, LLC.

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