Quaker Chemical Corporation

Conshohocken, PA ManufacturingNAICS 325900

Self-funded health planPlan year 2025Renews January
1,187Participants+2% vs. prior year
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#52 of 105Manufacturing in PABy participants

Overview

Quaker Chemical Corporation sponsors a self-funded health plan that covered 1,187 participants in plan year 2025, about the same as 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
1,187 · prior year 1,167
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Quaker Houghton Welfare Benefit Plan, plan 508 (1,187 participants)
Broker compensation
$95K 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
Lincoln National Life Insurance CompanyLife, Long-term disability1,098$774K$56K
Sierra Health and Life Insurance Company, Inc.Medicare Advantage64$256K—
Vision Service PlanVision736$153K$7K
Cigna Health & Life Insurance CompanyHospital Care197$99K$16K
Cigna Heath and Life Insurance CompanyAccidental Injury354$47K$8K
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident4,394$40K$8K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,187 participants × $2,371 national average per member. Usually higher once dependents are counted.

$73K–$180K/ year

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

Brands with a generic available$21K–$53K
Lower-cost therapeutic alternatives$31K–$65K
Generic pricing vs. actual cost$14K–$41K
PBM contract terms$7K–$21K
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
Quaker Chemical Corporation
Sponsor EIN
23-0993790
Plan number
508
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-0993790 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Quaker Houghton Retirement Savings Plan
Type
401(k) plan
Participants
1,623

About this data

Source: Quaker Chemical 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 Quaker Chemical Corporation.

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