Komatsu America Corp.

Chicago, IL ManufacturingNAICS 333100

Self-funded health planPlan year 2025Renews January
1,288Participants+5% vs. prior year
$3.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#64 of 122Manufacturing in ILBy participants

Overview

Komatsu America Corp. sponsors a self-funded health plan that covered 1,288 participants in plan year 2025, up 5% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, vision, severance, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,288 · prior year 1,222
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Komatsu America Corp. Retiree Welfare Plan, plan 506 (1,288 participants)
Broker compensation
$25K across insured contracts
MedicalLife insuranceVisionSeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,360$1.5M$25K
Eye MEDVision26$2K—

Pharmacy benefit estimate

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

$3.1M/ year

Estimated prescription spend: 1,288 participants × $2,371 national average per member. Usually higher once dependents are counted.

$79K–$196K/ year

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

Brands with a generic available$23K–$58K
Lower-cost therapeutic alternatives$34K–$71K
Generic pricing vs. actual cost$15K–$44K
PBM contract terms$8K–$23K
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
Komatsu America Corp.
Sponsor EIN
94-1715128
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 94-1715128 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Komatsu America Corp. Savings Plan
Type
401(k) plan
Participants
4,520

About this data

Source: Komatsu America Corp.'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 Komatsu America Corp..

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