Pro Mach, Inc.

Covington, KY ManufacturingNAICS 333900

Self-funded health planPlan year 2025Renews January
2,781Participants-16% vs. prior year
$6.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 33Manufacturing in KYBy participants

Overview

Pro Mach, Inc. sponsors a self-funded health plan that covered 2,781 participants in plan year 2025, down 16% 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
2,781 · prior year 3,306
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Pro Mach, Inc. Employee Benefits Plan, plan 501 (2,781 participants)
Stop-loss carrier
Granular Insurance Company
Broker compensation
$338K 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
Granular Insurance CompanyStop-loss2,800$2.8M$51K
Delta Dental of KentuckyDental5,929$2.2M$111K
Securian Life Insurance CompanyLife3,548$1.3M$107K
Lincoln National Life Insurance CompanyLong-term disability3,575$672K$39K
Fidelity Security Life Insurance CompanyVision5,305$270K$28K

Pharmacy benefit estimate

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

$6.6M/ year

Estimated prescription spend: 2,781 participants × $2,371 national average per member. Usually higher once dependents are counted.

$171K–$423K/ year

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

Brands with a generic available$50K–$125K
Lower-cost therapeutic alternatives$73K–$153K
Generic pricing vs. actual cost$32K–$95K
PBM contract terms$16K–$49K
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
Pro Mach, Inc.
Sponsor EIN
58-2402604
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 58-2402604 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Pro Mach, Inc. Retirement Savings Plan
Type
401(k) plan
Participants
4,428

About this data

Source: Pro Mach, 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 Pro Mach, Inc..

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