Michelin North America
Overview
Michelin North America sponsors a self-funded health plan that covered 1,050 participants in plan year 2025, down 22% 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
- 1,050 · prior year 1,353
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Michelin Pre-65 Health Plan, plan 602 (1,050 participants)
- Broker compensation
- $1.4M 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Short-term disability, Long-term disability, Dental | 19,526 | $10.4M | $132K |
| Minnesota Life Insurance Company | Life, Business Travel Accident, Accidental Death & Dismemberment | 23,515 | $7.7M | $203K |
| Humana Insurance Company | Medical, PPO | 4,400 | $5.7M | — |
| Highmark Inc. | Medical, Prescription drug, Dental | 683 | $4.9M | $104K |
| Bluecross Blueshield of Texas | Medical, Prescription drug, Dental | 636 | $4.5M | $269K |
| Continental American Insurance Company | Accident and Critical Illness | 6,084 | $2.5M | $406K |
| Magellan Health Services | Employee Assistance Program | 234,496 | $1.7M | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 25,769 | $1.4M | $8K |
| Health Alliance Plan | Medical, Prescription drug, HMO | 140 | $918K | $40K |
| Legalplans USA | Legal | 2,541 | $488K | $39K |
| Dearborn Life Insurance Company | Vision, Life, Short-term disability, Long-term disability | 348 | $439K | $59K |
| The Lincoln National Life Insurance Company | Critical Illness, Life, Short-term disability, Long-term disability | 433 | $401K | $68K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,050 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
- Michelin North America
- Sponsor EIN
- 11-1724631
- Plan number
- 602
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 11-1724631 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Michelin 401(k) Savings Plan
- Type
- 401(k) plan
- Participants
- 19,906
About this data
Source: Michelin North America'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 Michelin North America.