The Waldinger Corporation

Des Moines, IA ConstructionNAICS 238220

Self-funded health planPlan year 2025Renews January
2,142Participants+14% vs. prior year
$5.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 7Construction in IABy participants

Overview

The Waldinger Corporation sponsors a self-funded health plan that covered 2,142 participants in plan year 2025, up 14% 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
2,142 · prior year 1,872
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
The Waldinger Corporation Group Insurance Plan, plan 505 (2,142 participants)
Broker compensation
$351K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyLong-term disability, Life, Short-term disability, Critical Illness, Accident, Hospital2,055$1.8M$320K
Delta Dental of IowaDental1,631$1.0M—
Veratrus Benefit Solutions, Inc.Vision1,388$185K$19K
Arag Insurance CompanyLegal942$120K$12K

Pharmacy benefit estimate

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

$5.1M/ year

Estimated prescription spend: 2,142 participants × $2,371 national average per member. Usually higher once dependents are counted.

$132K–$326K/ year

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

Brands with a generic available$39K–$96K
Lower-cost therapeutic alternatives$56K–$118K
Generic pricing vs. actual cost$24K–$73K
PBM contract terms$13K–$38K
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 Waldinger Corporation
Sponsor EIN
42-1230944
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 42-1230944 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Waldinger Corporation Profit Sharing and Savings Plan
Type
401(k) plan
Participants
3,047

About this data

Source: The Waldinger 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 The Waldinger Corporation.

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