North American Stainless
Overview
North American Stainless sponsors a self-funded health plan that covered 1,680 participants in plan year 2025, up 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
- 1,680 · prior year 1,616
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- North American Stainless Employee Benefits Plan, plan 501 (1,680 participants)
- Stop-loss carrier
- QBE Insurance
- Broker compensation
- $647K 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 |
|---|---|---|---|---|
| QBE Insurance | Stop-loss | 1,497 | $2.2M | $265K |
| United of Omaha Life Insurance Company | Life, Long-term disability, Accident, Critical Illness, Hospital Indemnity | 1,680 | $1.8M | $375K |
| Medical Air Services Association, Inc. | Air Ambulance | 107 | $201K | $3K |
| The Guardian Life Insurance Company of America | Vision | 1,419 | $163K | — |
| Ameritas Life Insurance Corp. | Hearing | 1,664 | $38K | $4K |
| St. Elizabeth EAP | Employee Assistance Program | 1,683 | $5K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,680 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
- North American Stainless
- Sponsor EIN
- 61-1283966
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 61-1283966 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- North American Stainless Savings Plan
- Type
- 401(k) plan
- Participants
- 1,907
About this data
Source: North American Stainless'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 North American Stainless.