Viking Yacht Company

New Gretna, NJ ManufacturingNAICS 336610

Self-funded health planPlan year 2025Renews March
1,969Participants0% vs. prior year
$4.7MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#28 of 76Manufacturing in NJBy participants

Overview

Viking Yacht Company sponsors a self-funded health plan that covered 1,969 participants in plan year 2025, about the same as the prior year. The plan year starts in March. Alongside medical, its benefits filing reports life insurance, dental, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,969 · prior year 1,969
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
Viking Yacht Company Group Health and Welfare Plan, plan 504 (1,969 participants)
Broker compensation
$82K across insured contracts
MedicalLife insuranceDentalLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of New Jersey, Inc.Dental1,803$646K$21K
Hartford Life and AccidentLife, Long-term disability1,798$378K$61K

Pharmacy benefit estimate

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

$4.7M/ year

Estimated prescription spend: 1,969 participants × $2,371 national average per member. Usually higher once dependents are counted.

$121K–$299K/ year

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

Brands with a generic available$35K–$89K
Lower-cost therapeutic alternatives$52K–$108K
Generic pricing vs. actual cost$22K–$67K
PBM contract terms$12K–$35K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
Viking Yacht Company
Sponsor EIN
22-1737267
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-1737267 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Viking Yacht Company Retirement Savings Plan
Type
401(k) plan
Participants
2,045

About this data

Source: Viking Yacht 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 Viking Yacht Company.

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