Materion Services Inc.
Overview
Materion Services Inc. sponsors a self-funded health plan that covered 2,201 participants in plan year 2025, down 10% 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
- 2,201 · prior year 2,431
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- The Materion Services Inc. Health & Welfare Benefit Plan, plan 501 (2,201 participants); The Materion Services Inc. Retiree Health & Welfare Benefit Plan, plan 519 (792 participants)
- Stop-loss carrier
- United Healthcare Company; United Healthcare Insurance Company
- Broker compensation
- $82K 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 |
|---|---|---|---|---|
| Lincoln National Life Insurance Company | Life, Short-term disability, Long-term disability | 2,084 | $2.4M | $6K |
| Independent Health Benefits Corporation | Medical | 118 | $2.0M | — |
| United Healthcare Company | Stop-loss | 1,632 | $1.3M | $65K |
| Vision Service Plan | Vision | 2,113 | $454K | — |
| Metropolitan Life Insurance Company | Dental | 1,818 | $89K | $11K |
| Empathia, Inc. | Employee Assistance Plan | 2,113 | $43K | — |
| Unum | Life | 69 | $35K | — |
| Chubb Insurance Company | Business Travel Accident | 2,113 | $6K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,201 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
- Materion Services Inc.
- Sponsor EIN
- 34-1927267
- Plan numbers
- 501, 519
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 34-1927267 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Materion Services 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 Materion Services Inc..