SPX Flow, Inc.

Charlotte, NC ManufacturingNAICS 339900

Self-funded health planPlan year 2025Renews January
850Participants-21% vs. prior year
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#56 of 85Manufacturing in NCBy participants

Overview

SPX Flow, Inc. sponsors a self-funded health plan that covered 850 participants in plan year 2025, down 21% 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
850 · prior year 1,081
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
SPX Flow, Inc. Welfare Benefit Plan, plan 501 (850 participants)
Broker compensation
$88K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLong-term disability, Life, Accidental Death and Dismemberment850$763K$86K
Vision Service PlanVision587$158K—
Magellan HealthcareEmployee Assistance Program851$45K—
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident, Accidental Death and Dismemberment850$8K$2K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 850 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$129K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$47K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
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
SPX Flow, Inc.
Sponsor EIN
47-3110748
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-3110748 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
SPX Flow Retirement Savings Plan
Type
401(k) plan
Participants
1,559

About this data

Source: SPX Flow, 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 SPX Flow, Inc..

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