State Industrial Products Corporation
Overview
State Industrial Products Corporation sponsors a self-funded health plan that covered 622 participants in plan year 2025, down 8% 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
- 622 · prior year 677
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- The State Chemical Manufacturing Company Employee Benefit Plan, plan 503 (622 participants)
- Stop-loss carrier
- Cigna Health and Life Insurance Company and Affiates
- Broker compensation
- $54K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Cigna Health and Life Insurance Company and Affiates | Stop-loss | 578 | $598K | — |
| Hartford Life and Accident | Life, Short-term disability, Long-term disability | 522 | $367K | $44K |
| Delta Dental of Ohio | Vision, Dental | 590 | $227K | $10K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 622 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- State Industrial Products Corporation
- Sponsor EIN
- 34-0552740
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 34-0552740 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- State Industrial Products Savings and Investment Plan and Trust
- Type
- 401(k) plan
- Participants
- 826
About this data
Source: State Industrial Products Corporation'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 State Industrial Products Corporation.