Lippert Components Inc.

Elkhart, IN ManufacturingNAICS 332900

Self-funded health planPlan year 2025Renews January
10,537Participants-19% vs. prior year
$25.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 93Manufacturing in INBy participants

Overview

Lippert Components Inc. sponsors a self-funded health plan that covered 10,537 participants in plan year 2025, down 19% 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
10,537 · prior year 13,059
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Lippert Components Inc. Employee Benefits Plan, plan 501 (10,537 participants)
Stop-loss carrier
Sun Life Assurance of Canada
Broker compensation
$1.1M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaLife, Short-term disability, Long-term disability10,864$7.8M$885K
Delta Dental of IndianaDental, Vision12,745$4.6M$59K
Sun Life Assurance of CanadaStop-loss6,721$2.1M$143K

Pharmacy benefit estimate

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

$25.0M/ year

Estimated prescription spend: 10,537 participants × $2,371 national average per member. Usually higher once dependents are counted.

$650K–$1.6M/ year

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

Brands with a generic available$190K–$475K
Lower-cost therapeutic alternatives$277K–$580K
Generic pricing vs. actual cost$120K–$360K
PBM contract terms$62K–$187K
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
Lippert Components Inc.
Sponsor EIN
13-3966839
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-3966839 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Lippert Components Inc.'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 Lippert Components Inc..

Request a correction · Methodology