Gentex Corporation

Carbondale, PA ManufacturingNAICS 326100

Self-funded health planPlan year 2025Renews January
891Participants+7% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#69 of 105Manufacturing in PABy participants

Overview

Gentex Corporation sponsors a self-funded health plan that covered 891 participants in plan year 2025, up 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
891 · prior year 833
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Gentex Corporation Welfare Benefits Plan, plan 510 (891 participants)
Broker compensation
$38K 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
Life Insurance Company of North AmericaShort-term disability, Long-term disability, Life, AD&D, BTA891$605K$20K
Delta Dental of PennsylvaniaDental1,280$395K—
Reliastar Life Insurance CompanyCritical Illness & Accident589$59K$18K
Eyemed Vision CareVision1,288$57K—
Employee Network, Inc.Employee Assistance Program720$20K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 891 participants × $2,371 national average per member. Usually higher once dependents are counted.

$55K–$135K/ year

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

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$23K–$49K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
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
Gentex Corporation
Sponsor EIN
23-2801499
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-2801499 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gentex Corporation Retirement Plan
Type
401(k) plan
Participants
1,249

About this data

Source: Gentex 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 Gentex Corporation.

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