Heartland Express, Inc. of Iowa

North Liberty, IA Transportation & logisticsNAICS 484120

Self-funded health planPlan year 2025Renews January
5,101Participants+5% vs. prior year
$12.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 6Transportation & logistics in IABy participants

Overview

Heartland Express, Inc. of Iowa sponsors a self-funded health plan that covered 5,101 participants in plan year 2025, up 5% 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
5,101 · prior year 4,876
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Heartland Express, Inc. of Iowa Employee Benefits Plan, plan 504 (5,101 participants)
Broker compensation
$739K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Sun Life Assurance Company of CanadaLife, Short-term disability, Long-term disability3,600$4.0M$669K
Metropolitan Life Insurance CompanyDental, Vision4,002$1.4M$69K
United Healthcare Insurance CompanyTransplant3,316$397K—

Pharmacy benefit estimate

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

$12.1M/ year

Estimated prescription spend: 5,101 participants × $2,371 national average per member. Usually higher once dependents are counted.

$314K–$775K/ year

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

Brands with a generic available$92K–$230K
Lower-cost therapeutic alternatives$134K–$281K
Generic pricing vs. actual cost$58K–$174K
PBM contract terms$30K–$91K
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
Heartland Express, Inc. of Iowa
Sponsor EIN
42-0758403
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 42-0758403 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Heartland Express, Inc. of Iowa 401(k) Plan
Type
401(k) plan
Participants
4,687

About this data

Source: Heartland Express, Inc. of Iowa'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 Heartland Express, Inc. of Iowa.

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