Morgan Adhesives Company, LLC DBA Mactac

Stow, OH ManufacturingNAICS 325500

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
918Participants-2% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#79 of 147Manufacturing in OHBy participants

Overview

Morgan Adhesives Company, LLC DBA Mactac sponsors a self-funded health plan that covered 918 participants in plan year 2025, down 2% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
918 · prior year 941
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mactac Health and Welfare Benefits Plan, plan 501 (918 participants)
Broker compensation
$12K across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyAccident, Critical Illness, Hospital Indemnity, Long-term disability, Life862$680K$12K
Delta Dental of OhioDental1,458$564K—
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,273$70K—

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 918 participants × $2,371 national average per member. Usually higher once dependents are counted.

$57K–$140K/ year

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

Brands with a generic available$17K–$41K
Lower-cost therapeutic alternatives$24K–$50K
Generic pricing vs. actual cost$10K–$31K
PBM contract terms$5K–$16K
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
Morgan Adhesives Company, LLC DBA Mactac
Sponsor EIN
34-1910968
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1910968 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Mactac 401(k) and Profit Sharing Plan
Type
401(k) plan
Participants
1,118

About this data

Source: Morgan Adhesives Company, LLC DBA Mactac'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 Morgan Adhesives Company, LLC DBA Mactac.

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