Oberg Industries, LLC

Freeport, PA ManufacturingNAICS 332700

Self-funded health planPlan year 2025Renews January
650Participants-11% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#88 of 105Manufacturing in PABy participants

Overview

Oberg Industries, LLC sponsors a self-funded health plan that covered 650 participants in plan year 2025, down 11% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
650 · prior year 732
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Oberg Industries, LLC Welfare Benefit Plan, plan 520 (650 participants)
Broker compensation
$3K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Vision Benefits of AmericaVision603$51K$766
American United Life Insurance CompanyLife, Long-term disability182$29K$2K
Federal Insurance CompanyBusiness Travel Accident621$2K$386

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 650 participants × $2,371 national average per member. Usually higher once dependents are counted.

$40K–$99K/ year

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

Brands with a generic available$12K–$29K
Lower-cost therapeutic alternatives$17K–$36K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$12K
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
Oberg Industries, LLC
Sponsor EIN
83-2134609
Plan number
520
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-2134609 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Savings & Investment Plan for Employees of Oberg Industries LLC
Type
401(k) plan
Participants
864

About this data

Source: Oberg Industries, LLC'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 Oberg Industries, LLC.

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