North Star Bluescope Steel

Delta, OH ManufacturingNAICS 332300

Self-funded health planPlan year 2025Renews January
619Participants+1% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#118 of 147Manufacturing in OHBy participants

Overview

North Star Bluescope Steel sponsors a self-funded health plan that covered 619 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
619 · prior year 614
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
North Star Bluescope Steel Welfare Benefit Plan, plan 501 (619 participants)
Broker compensation
$101K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaDental, Life, Long-term disability635$561K$89K
Metropolitan Life Insurance CompanyVision1,254$85K$6K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 619 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$94K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$16K–$34K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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
North Star Bluescope Steel
Sponsor EIN
34-1797943
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-1797943 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
North Star Bluescope Steel LLC Retirement Partnership
Type
401(k) plan
Participants
738

About this data

Source: North Star Bluescope Steel'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 Star Bluescope Steel.

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