Teknor Apex Company
Overview
Teknor Apex Company sponsors a self-funded health plan that covered 1,620 participants in plan year 2025, up 2% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,620 · prior year 1,589
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Teknor Apex Health Plan, plan 501 (1,620 participants); Teknor Apex Flexible Spending Account Plan, plan 510 (813 participants)
- Broker compensation
- $64K 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 |
|---|---|---|---|---|
| Standard Insurance Company | Life, Long-term disability | 3,300 | $925K | $62K |
| ACI Specialty Benefits | Employee Assistance Program | 1,827 | $32K | — |
| National Union Fire Ins. Co. of Pittsburgh, PA | Business Travel Accident | 1,535 | $7K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,620 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
- Teknor Apex Company
- Sponsor EIN
- 05-0306609
- Plan numbers
- 501, 510
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 05-0306609 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Teknor Savings Plus Plan
- Type
- 401(k) plan
- Participants
- 2,055
About this data
Source: Teknor Apex 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 Teknor Apex Company.