Renk America LLC

Muskegon, MI ManufacturingNAICS 336410

Self-funded health planPlan year 2025Renews January
617Participants+55% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#121 of 138Manufacturing in MIBy participants

Overview

Renk America LLC sponsors a self-funded health plan that covered 617 participants in plan year 2025, up 55% 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
617 · prior year 399
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Renk America LLC Employee Benefits Plan, plan 501 (617 participants)
Broker compensation
$15K 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
Unum Life Insurance Company of AmericaLife, Long-term disability617$552K$13K
Unum Insurance CompanyAccident, Critical Illness, Hospital198$112K$2K
Vision Service PlanVision518$101K—

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 617 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$94K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$16K–$34K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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
Renk America LLC
Sponsor EIN
86-2456482
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 86-2456482 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Renk America Retirement Savings Plan
Type
401(k) plan
Participants
684

About this data

Source: Renk America LLC'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 Renk America LLC.

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