Skyward, Inc.

Stevens Point, WI Information & technologyNAICS 511210

Self-funded health planPlan year 2025Renews January
526Participants+3% vs. prior year
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 2Information & technology in WIBy participants

Overview

Skyward, Inc. sponsors a self-funded health plan that covered 526 participants in plan year 2025, up 3% 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
526 · prior year 512
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Skyward, Inc. Health & Welfare Benefit Plan, plan 501 (526 participants)
Stop-loss carrier
Symetra Life Insurance Company
Broker compensation
$30K 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
Symetra Life Insurance CompanyStop-loss532$1.3M—
Sun Life Assurance Company of CanadaLife, Short-term disability, Long-term disability696$258K$25K
Superior Vision Insurance Plan of Wisconsin Inc.Vision366$50K$5K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 526 participants × $2,371 national average per member. Usually higher once dependents are counted.

$32K–$80K/ year

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

Brands with a generic available$9K–$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
Skyward, Inc.
Sponsor EIN
39-1471992
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1471992 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Skyward, Inc. 401(k) Plan
Type
401(k) plan
Participants
837

About this data

Source: Skyward, 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 Skyward, Inc..

Request a correction · Methodology