Howmet Casting & Services, Inc.

Pittsburgh, PA ManufacturingNAICS 336410

Self-funded health planPlan year 2025Renews January
936Participants+10% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#65 of 105Manufacturing in PABy participants

Overview

Howmet Casting & Services, Inc. sponsors a self-funded health plan that covered 936 participants in plan year 2025, up 10% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports dental, vision, short-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
936 · prior year 854
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Howmet Casting & Services, Inc. - Wichita Falls Texas Occupational Injury Benefit Plan, plan 540 (936 participants)
MedicalDentalVisionShort-term disabilityDeath benefitsOther welfare benefits

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 936 participants × $2,371 national average per member. Usually higher once dependents are counted.

$58K–$142K/ year

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

Brands with a generic available$17K–$42K
Lower-cost therapeutic alternatives$25K–$51K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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
Howmet Casting & Services, Inc.
Sponsor EIN
20-1902809
Plan number
540
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-1902809 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Howmet Casting & Services, 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 Howmet Casting & Services, Inc..

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