Metallus Inc.

Canton, OH ManufacturingNAICS 333200

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
1,913Participants-4% vs. prior year
$4.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#42 of 147Manufacturing in OHBy participants

Overview

Metallus Inc. sponsors a self-funded health plan that covered 1,913 participants in plan year 2025, down 4% 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
1,913 · prior year 1,986
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Metallus Inc. Bargaining Unit Welfare Benefit Plan for Retirees, plan 504 (1,913 participants); Metallus Inc. Bargaining Unit Welfare Benefit Plan for Employees, plan 503 (1,153 participants); Metallus Inc. Welfare Benefit Plan for Retirees, plan 502 (444 participants)
Broker compensation
$473K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Long-term disability, Accidental Death and Dismemberment3,884$7.2M$462K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision847$180K$9K
Community Insurance CompanyEmployee Assistance Program1,072$46K—
Federal Insurance CompanyBusiness Travel Accident522$6K$2K

Pharmacy benefit estimate

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

$4.5M/ year

Estimated prescription spend: 1,913 participants × $2,371 national average per member. Usually higher once dependents are counted.

$118K–$291K/ year

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

Brands with a generic available$34K–$86K
Lower-cost therapeutic alternatives$50K–$105K
Generic pricing vs. actual cost$22K–$65K
PBM contract terms$11K–$34K
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
Metallus Inc.
Sponsor EIN
46-4024951
Plan numbers
504, 503, 502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-4024951 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Metallus Inc. Bargaining Unit Pension Plan
Type
Pension plan
Participants
2,177

About this data

Source: Metallus 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 Metallus Inc..

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