Overhead Door Corporation

Lewisville, TX ManufacturingNAICS 339900

Self-funded health planPlan year 2025Renews January
3,644Participants+3% vs. prior year
$8.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#25 of 149Manufacturing in TXBy participants

Overview

Overhead Door Corporation sponsors a self-funded health plan that covered 3,644 participants in plan year 2025, up 3% 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
3,644 · prior year 3,544
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Overhead Door Corporation Welfare Benefit Plan, plan 509 (3,644 participants)
Stop-loss carrier
Bluecross Blueshield of Texas
Broker compensation
$684K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Bluecross Blueshield of TexasMedical, Prescription drug, Stop-loss4,475$36.2M$293K
Reliastar Life Insurance CompanyLife, Short-term disability, Long-term disability4,669$2.4M$391K
Vision Service PlanVision1,857$216K—

Pharmacy benefit estimate

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

$8.6M/ year

Estimated prescription spend: 3,644 participants × $2,371 national average per member. Usually higher once dependents are counted.

$225K–$554K/ year

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

Brands with a generic available$66K–$164K
Lower-cost therapeutic alternatives$96K–$200K
Generic pricing vs. actual cost$41K–$124K
PBM contract terms$22K–$65K
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
Overhead Door Corporation
Sponsor EIN
35-0564120
Plan number
509
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-0564120 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Overhead Door Corporation Retirement Savings Plan
Type
401(k) plan
Participants
4,105

About this data

Source: Overhead Door Corporation'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 Overhead Door Corporation.

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