Titan America LLC

Norfolk, VA ManufacturingNAICS 327300

Self-funded health planPlan year 2025Renews April
2,002Participants+5% vs. prior year
$4.7MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#9 of 33Manufacturing in VABy participants

Overview

Titan America LLC sponsors a self-funded health plan that covered 2,002 participants in plan year 2025, up 5% from the prior year. The plan year starts in April. 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
2,002 · prior year 1,915
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Titan America LLC Welfare Benefit Plan, plan 520 (2,002 participants)
Broker compensation
$16K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability2,481$1.0M$16K
Cigna Health and Life Insurance Company and AffiliatesDental386$257K—
Anthem Health Plans of Virginia Inc.Vision1,725$187K—
National Union Fire Ins Co. of Pittsburgh PAAccidental Death & Dismemberment519$12K—

Pharmacy benefit estimate

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

$4.7M/ year

Estimated prescription spend: 2,002 participants × $2,371 national average per member. Usually higher once dependents are counted.

$123K–$304K/ year

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

Brands with a generic available$36K–$90K
Lower-cost therapeutic alternatives$53K–$110K
Generic pricing vs. actual cost$23K–$68K
PBM contract terms$12K–$36K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Titan America LLC
Sponsor EIN
98-0124782
Plan number
520
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 98-0124782 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Titan America LLC 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
3,371

About this data

Source: Titan America LLC'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 Titan America LLC.

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