Westlake Hardware, Inc.

Overland Park, KS RetailNAICS 444130

Self-funded health planPlan year 2025Renews January
2,174Participants+30% vs. prior year
$5.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 5Retail in KSBy participants

Overview

Westlake Hardware, Inc. sponsors a self-funded health plan that covered 2,174 participants in plan year 2025, up 30% 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
2,174 · prior year 1,670
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Westlake Hardware, Inc. Employee Health Care Plan, plan 502 (2,174 participants)
Broker compensation
$197K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Short-term disability, Long-term disability, Accident2,174$1.1M$161K
The Guardian Life Insurance Company of AmericaDental1,287$625K$33K
Vision Service PlanVision1,250$143K$3K

Pharmacy benefit estimate

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

$5.2M/ year

Estimated prescription spend: 2,174 participants × $2,371 national average per member. Usually higher once dependents are counted.

$134K–$330K/ year

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

Brands with a generic available$39K–$98K
Lower-cost therapeutic alternatives$57K–$120K
Generic pricing vs. actual cost$25K–$74K
PBM contract terms$13K–$39K
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
Westlake Hardware, Inc.
Sponsor EIN
48-1040978
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 48-1040978 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Westlake Hardware, 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 Westlake Hardware, Inc..

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