Koch Services, Inc.

Minneapolis, MN Transportation & logisticsNAICS 484120

Self-funded health planPlan year 2025Renews April
1,193ParticipantsPrior year not comparable
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#4 of 7Transportation & logistics in MNBy participants

Overview

Koch Services, Inc. sponsors a self-funded health plan that covered 1,193 participants in plan year 2025. The plan year starts in April. 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
1,193 · prior year 2,390
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Koch Services, Inc. Health and Welfare Benefit Plan, plan 501 (1,193 participants)
Broker compensation
$368K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyAccident, Critical Illness, Life, Long-term disability, Short-term disability, Hospital1,191$1.8M$345K
First Stop HealthTelehealth1,399$116K$8K
EyemedVision1,083$108K$10K
XP Health, Inc.Vision174$27K$3K
Pre-Paid Legal Services Inc. DBA LegalshieldLegal Services Plan Memberships101$15K$3K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,193 participants × $2,371 national average per member. Usually higher once dependents are counted.

$74K–$181K/ year

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

Brands with a generic available$21K–$54K
Lower-cost therapeutic alternatives$31K–$66K
Generic pricing vs. actual cost$14K–$41K
PBM contract terms$7K–$21K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Koch Services, Inc.
Sponsor EIN
99-2238322
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 99-2238322 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Koch Services, 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 Koch Services, Inc..

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