The Ford Meter Box Co., Inc.

Wabash, IN ManufacturingNAICS 332510

Self-funded health planPlan year 2025Renews January
1,054Participants+7% vs. prior year
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#50 of 93Manufacturing in INBy participants

Overview

The Ford Meter Box Co., Inc. sponsors a self-funded health plan that covered 1,054 participants in plan year 2025, up 7% 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
1,054 · prior year 982
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
The Ford Meter Box Company, Inc. Employee Benefit Plan, plan 501 (1,054 participants)
Stop-loss carrier
Companion Life Insurance Company
Broker compensation
$362K 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
Blue Cross and Blue Shield of AlabamaMedical, Prescription drug, Dental, Vision, PPO428$2.6M—
American United Life Insurance CompanyLife, Long-term disability993$1.4M$362K
Companion Life Insurance CompanyStop-loss668$454K—

Pharmacy benefit estimate

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

$2.5M/ year

Estimated prescription spend: 1,054 participants × $2,371 national average per member. Usually higher once dependents are counted.

$65K–$160K/ year

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

Brands with a generic available$19K–$47K
Lower-cost therapeutic alternatives$28K–$58K
Generic pricing vs. actual cost$12K–$36K
PBM contract terms$6K–$19K
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
The Ford Meter Box Co., Inc.
Sponsor EIN
35-0315220
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-0315220 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Retirement Savings Plan of the Ford Meter Box Company, Inc.
Type
401(k) plan
Participants
1,104

About this data

Source: The Ford Meter Box 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 The Ford Meter Box Co., Inc..

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