Trachte Building Systems, Inc.

Sun Prairie, WI ManufacturingNAICS 332900

Self-funded health planPlan year 2024Renews January
592ParticipantsFirst year on file
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#85 of 95Manufacturing in WIBy participants

Overview

Trachte Building Systems, Inc. sponsors a self-funded health plan that covered 592 participants in plan year 2024. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
592
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Trachte Building Systems, Inc. Welfare Benefit Plan, plan 504 (592 participants)
Stop-loss carrier
HCC Life Insurance Company
Broker compensation
$11K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
HCC Life Insurance CompanyStop-loss292$776K—
Hartford Life and AccidentLife, Long-term disability592$182K$11K
Wyssta Insurance Company Inc.Vision264$29K—

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 592 participants × $2,371 national average per member. Usually higher once dependents are counted.

$36K–$90K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$20K
PBM contract terms$4K–$11K
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 2024
Plan sponsor
Trachte Building Systems, Inc.
Sponsor EIN
39-0662360
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-0662360 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Trachte Building Systems Employee Stock Ownership Plan
Type
Defined contribution plan
Participants
320

About this data

Source: Trachte Building Systems, Inc.'s Form 5500 filing for plan year 2024 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 Trachte Building Systems, Inc..

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