Octapharma Plasma, Inc.

Charlotte, NC ManufacturingNAICS 325410

Self-funded health planPlan year 2025Renews January
4,431Participants-13% vs. prior year
$10.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#11 of 85Manufacturing in NCBy participants

Overview

Octapharma Plasma, Inc. sponsors a self-funded health plan that covered 4,431 participants in plan year 2025, down 13% 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
4,431 · prior year 5,084
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Octapharma Plasma, Inc. Wrap Welfare Benefits Plan, plan 501 (4,431 participants)
Broker compensation
$34K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of North CarolinaDental4,394$1.6M—
Life Insurance Company of North AmericaLife, Accidental Death and Dismemberment, Long-term disability5,420$1.2M$11K
Vision Service PlanVision2,521$407K—
MetLife Legal PlansLegal595$163K$19K
Federal Insurance CompanyBusiness Travel Accident4,378$17K$4K

Pharmacy benefit estimate

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

$10.5M/ year

Estimated prescription spend: 4,431 participants × $2,371 national average per member. Usually higher once dependents are counted.

$273K–$673K/ year

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

Brands with a generic available$80K–$200K
Lower-cost therapeutic alternatives$117K–$244K
Generic pricing vs. actual cost$50K–$151K
PBM contract terms$26K–$79K
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
Octapharma Plasma, Inc.
Sponsor EIN
20-0561852
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-0561852 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Octapharma Plasma, Inc. 401 K Plan
Type
401(k) plan
Participants
7,522

About this data

Source: Octapharma Plasma, Inc.'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 Octapharma Plasma, Inc..

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