M-D Building Products, Inc.

Oklahoma City, OK ManufacturingNAICS 332510

Self-funded health planPlan year 2025Renews January
820Participants-3% vs. prior year
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#12 of 17Manufacturing in OKBy participants

Overview

M-D Building Products, Inc. sponsors a self-funded health plan that covered 820 participants in plan year 2025, down 3% 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
820 · prior year 845
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
M-D Building Products, Inc. Welfare Benefits Plan, plan 501 (820 participants)
Broker compensation
$101K 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
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability791$569K$99K
Vision Service PlanVision564$50K$2K
Employee Benefit Management ServicesTelehealth631$15K—
Interface Employee Assistance Program Inc.Employee Assistance Program791——

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 820 participants × $2,371 national average per member. Usually higher once dependents are counted.

$51K–$125K/ year

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

Brands with a generic available$15K–$37K
Lower-cost therapeutic alternatives$22K–$45K
Generic pricing vs. actual cost$9K–$28K
PBM contract terms$5K–$15K
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
M-D Building Products, Inc.
Sponsor EIN
73-1578428
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 73-1578428 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
M-D Building Products, Inc. 401(k) Plan
Type
401(k) plan
Participants
1,271

About this data

Source: M-D Building Products, 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 M-D Building Products, Inc..

Request a correction · Methodology