Stark Carpet Corp.

New York, NY Wholesale tradeNAICS 424990

Self-funded health planPlan year 2025Renews May
716Participants-3% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#15 of 24Wholesale trade in NYBy participants

Overview

Stark Carpet Corp. sponsors a self-funded health plan that covered 716 participants in plan year 2025, down 3% from the prior year. The plan year starts in May. 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
716 · prior year 738
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Stark Carpet Corp. Health & Welfare Plan, plan 501 (716 participants)
Broker compensation
$62K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance Company and AffiliatesDental, Vision681$319K$23K
Colonial Life & Accident Insurance CompanyLife, Short-term disability58$125K$17K
Hartford Life and AccidentLife709$101K$6K
Cigna Health and Life Insurance CompanyAccident, Critical Illness, Hospital675$64K$13K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 716 participants × $2,371 national average per member. Usually higher once dependents are counted.

$44K–$109K/ year

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

Brands with a generic available$13K–$32K
Lower-cost therapeutic alternatives$19K–$39K
Generic pricing vs. actual cost$8K–$24K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 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
Stark Carpet Corp.
Sponsor EIN
13-1548109
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-1548109 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Stark Carpet Corp. 401(k) Plan
Type
401(k) plan
Participants
893

About this data

Source: Stark Carpet Corp.'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 Stark Carpet Corp..

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