Hy-Line International

West Des Moines, IA AgricultureNAICS 112300

Self-funded health planPlan year 2025Renews January
686Participants+1% vs. prior year
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 4Agriculture in IABy participants

Overview

Hy-Line International sponsors a self-funded health plan that covered 686 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, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
686 · prior year 680
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Hy-Line International Employee Benefits Plan, plan 504 (686 participants)
Stop-loss carrier
Delta Dental of Iowa; Wellmark Blue Cross and Blue Shield of Iowa
Broker compensation
$104K 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
Wellmark Blue Cross and Blue Shield of IowaStop-loss686$9.6M—
Sun Life Assurance Company of CanadaDental, Vision, Life, Short-term disability, Long-term disability835$346K$9K
Unum Life Insurance Company of AmericaLife, Long-term disability735$181K$13K
Trustmark Insurance CompanyAccident, Critical Illness, Life221$171K$34K
Fidelity Security LifeVision1,187$80K$8K
Continental American Insurance CompanyLife534$42K$32K
Delta Dental of IowaStop-loss623—$8K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 686 participants × $2,371 national average per member. Usually higher once dependents are counted.

$42K–$104K/ year

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

Brands with a generic available$12K–$31K
Lower-cost therapeutic alternatives$18K–$38K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
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
Hy-Line International
Sponsor EIN
42-1106927
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 42-1106927 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Hy-Line International 401(k) Employee Retirement and Savings Plan
Type
401(k) plan
Participants
935

About this data

Source: Hy-Line International'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 Hy-Line International.

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