Jasper Seating Company, Inc.

Jasper, IN ManufacturingNAICS 337000

Self-funded health planPlan year 2025Renews January
764Participants-20% vs. prior year
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#64 of 93Manufacturing in INBy participants

Overview

Jasper Seating Company, Inc. sponsors a self-funded health plan that covered 764 participants in plan year 2025, down 20% 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
764 · prior year 952
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Jasper Seating Company Employee Benefits Plan, plan 501 (764 participants)
Broker compensation
$124K 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
Symetra Life Insurance CompanyLife, Long-term disability760$432K$124K

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 764 participants × $2,371 national average per member. Usually higher once dependents are counted.

$47K–$116K/ 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$5K–$14K
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
Jasper Seating Company, Inc.
Sponsor EIN
35-0420370
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-0420370 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Jasper Seating, Inc. Employees Retirement Savings Plan
Type
401(k) plan
Participants
1,118

About this data

Source: Jasper Seating Company, 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 Jasper Seating Company, Inc..

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