Proto Labs, Inc.

Maple Plain, MN ManufacturingNAICS 326100

Self-funded health planPlan year 2025Renews January
1,705Participants+3% vs. prior year
$4.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#21 of 78Manufacturing in MNBy participants

Overview

Proto Labs, Inc. sponsors a self-funded health plan that covered 1,705 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
1,705 · prior year 1,656
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Protolabs, Inc. Health and Welfare Benefit Plan, plan 508 (1,705 participants)
Broker compensation
$78K 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability1,638$1.2M$66K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,907$115K$12K
Curalinc LLCEmployee Assistance Program1,705$22K—

Pharmacy benefit estimate

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

$4.0M/ year

Estimated prescription spend: 1,705 participants × $2,371 national average per member. Usually higher once dependents are counted.

$105K–$259K/ year

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

Brands with a generic available$31K–$77K
Lower-cost therapeutic alternatives$45K–$94K
Generic pricing vs. actual cost$19K–$58K
PBM contract terms$10K–$30K
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
Proto Labs, Inc.
Sponsor EIN
41-1939628
Plan number
508
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-1939628 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Protolabs, Inc. 401(k) Plan
Type
401(k) plan
Participants
1,936

About this data

Source: Proto Labs, 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 Proto Labs, Inc..

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