Libbey Glass LLC

Toledo, OH ManufacturingNAICS 327210

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
718Participants+1% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#102 of 147Manufacturing in OHBy participants

Overview

Libbey Glass LLC sponsors a self-funded health plan that covered 718 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
718 · prior year 708
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Libbey Union Employees Welfare Benefit Plan, plan 506 (718 participants); Libbey Retiree Welfare Benefit Plan, plan 501 (482 participants); Libbey Welfare Benefit Plan, plan 505 (449 participants); Libbey Union Retiree Welfare Benefit Plan, plan 502 (97 participants)
Broker compensation
$14K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and Accident Insurance CompanyLife, Voluntary AD&D, Long-term disability, NJ STD, Business Travel Accident, New York Statutory641$722K$14K
EyemedVision737$119K—

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 718 participants × $2,371 national average per member. Usually higher once dependents are counted.

$44K–$109K/ year

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

Brands with a generic available$13K–$32K
Lower-cost therapeutic alternatives$19K–$39K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
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
Libbey Glass LLC
Sponsor EIN
22-2784107
Plan numbers
506, 501, 505, 502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-2784107 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Libbey Hourly Retirement Plan
Type
Pension plan
Participants
2,256

About this data

Source: Libbey Glass 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 Libbey Glass LLC.

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