Ward Transport & Logistics Corporation

Altoona, PA Transportation & logisticsNAICS 484110

Self-funded health planPlan year 2025Renews January
1,508Participants+9% vs. prior year
$3.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 10Transportation & logistics in PABy participants

Overview

Ward Transport & Logistics Corporation sponsors a self-funded health plan that covered 1,508 participants in plan year 2025, up 9% 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
1,508 · prior year 1,388
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ward Transport & Logistics Corp. Employee Benefit Plan, plan 501 (1,508 participants)
Broker compensation
$300K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,448$870K$144K
Reliastar Life Insurance CompanyCritical Illness, Accident, Hospital1,941$570K$154K
Metropolitan Life Insurance CompanyVision2,302$120K—
Combined InsuranceLBT75$57K$2K

Pharmacy benefit estimate

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

$3.6M/ year

Estimated prescription spend: 1,508 participants × $2,371 national average per member. Usually higher once dependents are counted.

$93K–$229K/ year

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

Brands with a generic available$27K–$68K
Lower-cost therapeutic alternatives$40K–$83K
Generic pricing vs. actual cost$17K–$51K
PBM contract terms$9K–$27K
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
Ward Transport & Logistics Corporation
Sponsor EIN
23-1299361
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-1299361 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ward Transport & Logistics Corp. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,884

About this data

Source: Ward Transport & Logistics 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 Ward Transport & Logistics Corporation.

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