Leadec Corp.

Cincinnati, OH ManufacturingNAICS 336100

Self-funded health planPlan year 2025Renews January
1,787Participants+7% vs. prior year
$4.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#50 of 147Manufacturing in OHBy participants

Overview

Leadec Corp. sponsors a self-funded health plan that covered 1,787 participants in plan year 2025, up 7% from 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
1,787 · prior year 1,664
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Leadec Corp. Welfare Benefit Plan, plan 501 (1,787 participants)
Broker compensation
$106K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,787$1.3M$106K
HeartlandVision1,298$73K—
Vision Service PlanVision359$31K—
Community Insurance CompanyEmployee Assistance Program1,787$17K—
Four Ever Life Insurance CompanyBusiness Travel Accident1,787$1K$14
Federal Insurance CompanyBusiness Travel Accident1,787——

Pharmacy benefit estimate

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

$4.2M/ year

Estimated prescription spend: 1,787 participants × $2,371 national average per member. Usually higher once dependents are counted.

$110K–$272K/ year

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

Brands with a generic available$32K–$81K
Lower-cost therapeutic alternatives$47K–$98K
Generic pricing vs. actual cost$20K–$61K
PBM contract terms$11K–$32K
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
Leadec Corp.
Sponsor EIN
81-3388082
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-3388082 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Leadec Corp. 401(k) Plan
Type
401(k) plan
Participants
2,312

About this data

Source: Leadec 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 Leadec Corp..

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