Martinrea Industries, Inc.
Overview
Martinrea Industries, Inc. sponsors a self-funded health plan that covered 650 participants in plan year 2025, up 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
- 650 · prior year 629
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Martinrea Industries, Inc. Flexible Compensation Plan, plan 501 (650 participants)
- Broker compensation
- $129K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Guardian Life Insurance Company | Life, Short-term disability, Long-term disability | 3,345 | $1.5M | $111K |
| UnitedHealthcare Insurance Company | Medical | 2,393 | $295K | $14K |
| The Guardian Life Insurance Company of America | Dental | 134 | $73K | $5K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 650 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Martinrea Industries, Inc.
- Sponsor EIN
- 02-0534783
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 02-0534783 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Martinrea Industries, Inc. Employee Savings and Investment Plan
- Type
- 401(k) plan
- Participants
- 3,780
About this data
Source: Martinrea Industries, 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 Martinrea Industries, Inc..