Standard Textile Co., Inc.

Cincinnati, OH Wholesale tradeNAICS 424990

Self-funded health planPlan year 2025Renews January
883Participants+0% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#14 of 29Wholesale trade in OHBy participants

Overview

Standard Textile Co., Inc. sponsors a self-funded health plan that covered 883 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
883 · prior year 880
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Standard Textile Co., Inc. Welfare Benefit Plan, plan 509 (883 participants)
Broker compensation
$113K 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
Hartford Life and AccidentLife, Short-term disability, Long-term disability851$653K$104K
Vision Service PlanVision573$82K$3K
Federal Insurance CompanyAccidental Death & Dismemberment851$30K$7K

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 883 participants × $2,371 national average per member. Usually higher once dependents are counted.

$54K–$134K/ year

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

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$23K–$49K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
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
Standard Textile Co., Inc.
Sponsor EIN
31-0567297
Plan number
509
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 31-0567297 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Standard Textile 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,154

About this data

Source: Standard Textile Co., 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 Standard Textile Co., Inc..

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