Stepan Company
Overview
Stepan Company sponsors a self-funded health plan that covered 1,264 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
- 1,264 · prior year 1,262
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Stepan Company Employee Welfare Benefit Plan, plan 506 (1,264 participants)
- Stop-loss carrier
- Health Care Service Corporation, a Mutual Legal Reserve Company
- Broker compensation
- $62K 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 |
|---|---|---|---|---|
| Health Care Service Corporation, a Mutual Legal Reserve Company | Stop-loss | 2,280 | $1.3M | $54K |
| Reliastar Life Insurance Company | Life | 2,177 | $664K | — |
| The Prudential Insurance Company of America | Long-term disability | 1,263 | $419K | $6K |
| Delta Dental of Illinois | Dental | 936 | $47K | — |
| Magellan Health | Employee Assistance Program | 1,148 | $25K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,264 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
- Stepan Company
- Sponsor EIN
- 36-1823834
- Plan number
- 506
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 36-1823834 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Stepan Company Savings and Investment Retirement Plan
- Type
- 401(k) plan
- Participants
- 1,799
About this data
Source: Stepan Company'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 Stepan Company.