International Wire Group Inc.

Camden, NY ManufacturingNAICS 332610

Self-funded health planPlan year 2024Renews January
662ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#38 of 45Manufacturing in NYBy participants

Overview

International Wire Group Inc. sponsors a self-funded health plan that covered 662 participants in plan year 2024. 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
662
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
International Wire Group, Inc. Employee Benefit Plan, plan 504 (662 participants)
Stop-loss carrier
Excellus Blue Cross Blue Shield
Broker compensation
$147K 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
Sun Life and Health Insurance Company (u.s.)Life, Short-term disability, Long-term disability563$420K$32K
Excellus Blue Cross Blue ShieldStop-loss552$222K$111K
The Guardian Life Insurance Company of AmericaVision449$47K$3K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 662 participants × $2,371 national average per member. Usually higher once dependents are counted.

$41K–$101K/ year

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

Brands with a generic available$12K–$30K
Lower-cost therapeutic alternatives$17K–$36K
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 2024
Plan sponsor
International Wire Group Inc.
Sponsor EIN
43-1705942
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 43-1705942 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
International Wire Retirement Savings Plan
Type
401(k) plan
Participants
1,118

About this data

Source: International Wire Group Inc.'s Form 5500 filing for plan year 2024 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 International Wire Group Inc..

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