Schluter Systems L.P.

Plattsburgh, NY Professional servicesNAICS 541990

Self-funded health planPlan year 2025Renews January
1,256Participants+5% vs. prior year
$3.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#35 of 70Professional services in NYBy participants

Overview

Schluter Systems L.P. sponsors a self-funded health plan that covered 1,256 participants in plan year 2025, up 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
1,256 · prior year 1,192
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Schluter Systems L.P. Health and Welfare Employee Benefits Plan, plan 502 (1,256 participants)
Broker compensation
$206K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Lincoln Life & Annuity Company of New YorkLife, Long-term disability, Short-term disability, Critical Illness, Accident1,256$1.1M$124K
The Guardian Life Insurance Company of AmericaDental, Vision, Life, Short-term disability, Long-term disability1,231$866K$82K

Pharmacy benefit estimate

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

$3.0M/ year

Estimated prescription spend: 1,256 participants × $2,371 national average per member. Usually higher once dependents are counted.

$77K–$191K/ year

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

Brands with a generic available$23K–$57K
Lower-cost therapeutic alternatives$33K–$69K
Generic pricing vs. actual cost$14K–$43K
PBM contract terms$7K–$22K
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
Schluter Systems L.P.
Sponsor EIN
14-1772376
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 14-1772376 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Schluter Systems L.P. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,381

About this data

Source: Schluter Systems L.P.'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 Schluter Systems L.P..

Request a correction · Methodology