SGL Carbon, LLC

Charlotte, NC ManufacturingNAICS 339900

Self-funded health planPlan year 2025Renews January
780Participants0% vs. prior year
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#60 of 85Manufacturing in NCBy participants

Overview

SGL Carbon, LLC sponsors a self-funded health plan that covered 780 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
780 · prior year 781
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
SGL Carbon, LLC and Subsidiaries Health and Welfare Plan for Employees, plan 515 (780 participants)
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 National LifeLife, Long-term disability, Short-term disability744$752K—
United Healthcare Insurance CompanyPrescription drug, Medical89$208K—
EyemedVision1,015$97K—

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 780 participants × $2,371 national average per member. Usually higher once dependents are counted.

$48K–$119K/ year

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

Brands with a generic available$14K–$35K
Lower-cost therapeutic alternatives$21K–$43K
Generic pricing vs. actual cost$9K–$27K
PBM contract terms$5K–$14K
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
SGL Carbon, LLC
Sponsor EIN
13-0796973
Plan number
515
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-0796973 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
SGL Carbon, LLC Retirement and Savings Plan
Type
401(k) plan
Participants
1,316

About this data

Source: SGL Carbon, 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 SGL Carbon, LLC.

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