Waupaca Foundry, Inc.

Waupaca, WI ManufacturingNAICS 331500

Self-funded health planPlan year 2025Renews May
3,233Participants-8% vs. prior year
$7.7MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#15 of 95Manufacturing in WIBy participants

Overview

Waupaca Foundry, Inc. sponsors a self-funded health plan that covered 3,233 participants in plan year 2025, down 9% from the prior year. The plan year starts in May. 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
3,233 · prior year 3,532
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Waupaca Foundry, Inc. Health & Welfare Plan, plan 501 (3,233 participants); Waupaca Foundry, Inc. Health Reimbursement Account Plan for Medicare Eligible Retirees and Retiree Dependents, plan 507 (971 participants)
Broker compensation
$645K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Long-term disability3,233$2.5M$385K
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital Ind2,373$1.2M$256K
Metropolitan General Insurance CompanyLegal323$57K$5K

Pharmacy benefit estimate

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

$7.7M/ year

Estimated prescription spend: 3,233 participants × $2,371 national average per member. Usually higher once dependents are counted.

$199K–$491K/ year

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

Brands with a generic available$58K–$146K
Lower-cost therapeutic alternatives$85K–$178K
Generic pricing vs. actual cost$37K–$110K
PBM contract terms$19K–$57K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 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
Waupaca Foundry, Inc.
Sponsor EIN
39-0880924
Plan numbers
501, 507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-0880924 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Waupaca Foundry, Inc. Consolidated Retirement Plan
Type
401(k) plan
Participants
3,944

About this data

Source: Waupaca Foundry, Inc.'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 Waupaca Foundry, Inc..

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