Lasko Products, LLC

West Chester, PA ManufacturingNAICS 335200

Self-funded health planPlan year 2024Renews MayCollectively bargained
839ParticipantsFirst year on file
$2.0MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#75 of 105Manufacturing in PABy participants

Overview

Lasko Products, LLC sponsors a self-funded health plan that covered 839 participants in plan year 2024. The plan year starts in May. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
839
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Lasko Products, LLC Health and Welfare Plan, plan 501 (839 participants)
Broker compensation
$71K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther 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 disability513$346K$59K
Aetna Life Insurance Co.Dental, HMO, PPO839$178K$8K
Vision Benefits of AmericaVision455$33K$3K
Berkley Life and Health Insurance CompanyBusiness Travel Accident249——

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 839 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$128K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Lasko Products, LLC
Sponsor EIN
23-1285318
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-1285318 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lasko Products 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
1,048

About this data

Source: Lasko Products, LLC's Form 5500 filing for plan year 2024 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 Lasko Products, LLC.

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