Lansing Building Products, LLC

Richmond, VA Wholesale tradeNAICS 423300

Self-funded health planPlan year 2025Renews January
1,891Participants0% vs. prior year
$4.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 18Wholesale trade in VABy participants

Overview

Lansing Building Products, LLC sponsors a self-funded health plan that covered 1,891 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, dental, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,891 · prior year 1,896
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Lansing Building Products, Inc. Healthcare Plan, plan 501 (1,891 participants)
Broker compensation
$63K 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability1,813$848K$21K
Cigna Health and Life Insurance CompanyVoluntary Critical Illness, Accidental Injury675$181K$42K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision4,446$143K—

Pharmacy benefit estimate

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

$4.5M/ year

Estimated prescription spend: 1,891 participants × $2,371 national average per member. Usually higher once dependents are counted.

$117K–$287K/ year

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

Brands with a generic available$34K–$85K
Lower-cost therapeutic alternatives$50K–$104K
Generic pricing vs. actual cost$22K–$65K
PBM contract terms$11K–$34K
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
Lansing Building Products, LLC
Sponsor EIN
54-0617098
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 54-0617098 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lansing Building Products, LLC 401k Plan
Type
401(k) plan
Participants
2,749

About this data

Source: Lansing Building Products, 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 Lansing Building Products, LLC.

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