ODW Logistics, Inc.

Columbus, OH Transportation & logisticsNAICS 493100

Self-funded health planPlan year 2025Renews January
1,628Participants+12% vs. prior year
$3.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#8 of 23Transportation & logistics in OHBy participants

Overview

ODW Logistics, Inc. sponsors a self-funded health plan that covered 1,628 participants in plan year 2025, up 12% 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
1,628 · prior year 1,457
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
ODW Logistics, Inc. Health & Welfare Benefit Plan, plan 503 (1,628 participants)
Broker compensation
$205K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability1,628$920K$201K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,349$101K$4K

Pharmacy benefit estimate

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

$3.9M/ year

Estimated prescription spend: 1,628 participants × $2,371 national average per member. Usually higher once dependents are counted.

$100K–$247K/ year

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

Brands with a generic available$29K–$73K
Lower-cost therapeutic alternatives$43K–$90K
Generic pricing vs. actual cost$19K–$56K
PBM contract terms$10K–$29K
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
ODW Logistics, Inc.
Sponsor EIN
31-0807991
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 31-0807991 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
ODW Logistics, Inc. 401(k) Retirement Plan
Type
401(k) plan
Participants
2,084

About this data

Source: ODW Logistics, 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 ODW Logistics, Inc..

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