J. Knipper & Co., Inc.

Lakewood, NJ Professional servicesNAICS 541800

Self-funded health planPlan year 2025Renews January
758Participants-14% vs. prior year
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#24 of 32Professional services in NJBy participants

Overview

J. Knipper & Co., Inc. sponsors a self-funded health plan that covered 758 participants in plan year 2025, down 14% 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
758 · prior year 886
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
J. Knipper and Co., Inc. Benefit Plan, plan 501 (758 participants)
Broker compensation
$99K 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
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability1,115$687K$74K
Delta Dental of New Jersey, Inc.Dental501$224K$15K
Alpha Dental Programs, Inc.Dental483$173K$3K
Vision Service PlanVision851$160K$4K
Horizon Healthcare Services, Inc.Dental139$11K$603
Horizon Healthcare Dental, Inc.Dental119$8K$426

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 758 participants × $2,371 national average per member. Usually higher once dependents are counted.

$47K–$115K/ year

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

Brands with a generic available$14K–$34K
Lower-cost therapeutic alternatives$20K–$42K
Generic pricing vs. actual cost$9K–$26K
PBM contract terms$4K–$13K
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
J. Knipper & Co., Inc.
Sponsor EIN
22-2755742
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-2755742 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
J. Knipper and Company, Inc. Profit Sharing Plan
Type
401(k) plan
Participants
1,976

About this data

Source: J. Knipper & Co., 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 J. Knipper & Co., Inc..

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