Hawaii Planing Mill, Ltd

Keaau, HI RetailNAICS 444190

Self-funded health planPlan year 2025Renews January
608Participants+1% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 1Retail in HIBy participants

Overview

Hawaii Planing Mill, Ltd sponsors a self-funded health plan that covered 608 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, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
608 · prior year 604
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Health & Welfare Benefit Plan for the Employees of HPM Building Supply, plan 501 (608 participants)
Stop-loss carrier
Hmsa
Broker compensation
$24K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Kaiser Foundation Health Plan of HawaiiMedical, Prescription drug, Vision, HMO344$2.1M—
HmsaMedical, Prescription drug, Vision, HMO, PPO, Stop-loss352$2.0M—
Reliance Standard Life Insurance CompanyVOL. Accidental Death and Dismemberment, Long-term disability, Life, Voluntary Group Term Life541$224K$24K
Employee Assistance of the Pacific, LLCEmployee Assistance Program596$14K—

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 608 participants × $2,371 national average per member. Usually higher once dependents are counted.

$37K–$92K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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
Hawaii Planing Mill, Ltd
Sponsor EIN
99-0040180
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 99-0040180 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
HPM Building Supply Employee Stock Ownership Plan
Type
Defined contribution plan
Participants
704

About this data

Source: Hawaii Planing Mill, Ltd'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 Hawaii Planing Mill, Ltd.

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