Klinger Companies LLC

Sioux City, IA ConstructionNAICS 236200

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
554Participants0% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 7Construction in IABy participants

Overview

Klinger Companies LLC sponsors a self-funded health plan that covered 554 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, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
554 · prior year 554
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Klinger Companies LLC & Affiliated Companies Employee Benefit Plan, plan 501 (554 participants)
Broker compensation
$6K across insured contracts
MedicalLife insuranceLong-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 IowaHosp./med- Surgical221$2.9M—
Delta Dental of IowaDental232$174K—
The Guardian Life Insurance Company of AmericaLife, Short-term disability, Long-term disability300$109K$3K
Three Rivers Benefit Corp.Life, Long-term disability510$22K—
Fidelity Security Life Insurance CompanyVision461$13K$1K
Vision Service PlanVision178$13K$1K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 554 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$84K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$30K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
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
Klinger Companies LLC
Sponsor EIN
88-2871538
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 88-2871538 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Klinger Companies LLC'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 Klinger Companies LLC.

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