Radius Aerospace, Inc.

Hot Springs, AR ManufacturingNAICS 336410

Self-funded health planPlan year 2025Renews January
529Participants-5% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 13Manufacturing in ARBy participants

Overview

Radius Aerospace, Inc. sponsors a self-funded health plan that covered 529 participants in plan year 2025, down 5% 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
529 · prior year 558
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Radius Aerospace, Inc. Group Health and Welfare Plan, plan 501 (529 participants)
Broker compensation
$155K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-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 disability540$486K$81K
Delta Dental Plan of ArkansasDental911$379K$49K
Cigna Health and Life Insurance CompanyAccident, Critical Illness, Hospital Indemnity429$94K$18K
Vision Service PlanVision426$65K$6K
Health Advocate Solutions, Inc.Employee Assistance Program, Wellness Se545$35K—
MetLife Legal PlansLegal32$9K$1K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 529 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$80K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
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
Radius Aerospace, Inc.
Sponsor EIN
83-3389595
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-3389595 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Radius Aerospace, Inc. 401(k) Plan
Type
401(k) plan
Participants
720

About this data

Source: Radius Aerospace, 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 Radius Aerospace, Inc..

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