Mcwane, Inc.
Overview
Mcwane, Inc. sponsors a self-funded health plan that covered 6,604 participants in plan year 2025, up 12% 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
- 6,604 · prior year 5,877
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Mcwane Health and Welfare Plan, plan 501 (6,604 participants)
- Stop-loss carrier
- Wellpoint
- Broker compensation
- $915K 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 |
|---|---|---|---|---|
| Blue Cross and Blue Shield of Alabama | Medical, Prescription drug, Dental, Vision, PPO | 826 | $4.6M | — |
| Blue Cross and Blue Shield of AL | Medical, Prescription drug, Dental, Vision | 452 | $2.9M | — |
| Wellpoint | Stop-loss | 3,508 | $2.6M | $391K |
| Metropolitan Life Insurance Company | Life, Short-term disability, Long-term disability | 6,604 | $2.5M | $346K |
| Delta Dental Insurance Company | Dental | 2,801 | $922K | $78K |
| The Standard | Vision | 2,708 | $299K | $32K |
| Delta Dental of Iowa | Dental | 322 | $231K | $8K |
| Ameritas Life Insurance Corp. of NY | Dental | 686 | $184K | $25K |
| United of Omaha Life Insurance Company | Short-term disability | 280 | $128K | $20K |
| New York Life Group Benefit Solutions | Long-term disability, Short-term disability | 403 | $126K | — |
| Principal Life Insurance Company | Dental | 311 | $101K | $10K |
| The Hartford Life and Accident | Life | 208 | $77K | $4K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 6,604 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
- Mcwane, Inc.
- Sponsor EIN
- 63-0139000
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 63-0139000 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Mcwane Hourly 401(k) Retirement Plan
- Type
- 401(k) plan
- Participants
- 2,885
About this data
Source: Mcwane, 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 Mcwane, Inc..