Wilson Trailer Co. Employee Benefit Plan Employee Health Care Fund

Sioux City, IA ManufacturingNAICS 336100

Self-funded health planPlan year 2024Renews September
689ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#20 of 24Manufacturing in IABy participants

Overview

Wilson Trailer Co. Employee Benefit Plan Employee Health Care Fund sponsors a self-funded health plan that covered 689 participants in plan year 2024. The plan year starts in September. Alongside medical, its benefits filing reports dental, vision, short-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
689
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Wilson Trailer Company Employee Health Care Fund, plan 501 (689 participants)
Stop-loss carrier
Wellmark Blue Cross and Blue Shield
Broker compensation
$24K across insured contracts
MedicalDentalVisionShort-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Wellmark Blue Cross and Blue ShieldMedical, Prescription drug, Stop-loss664$6.0M—
Delta DentalDental795$518K$14K
Delta VisionVision690$83K$10K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 689 participants × $2,371 national average per member. Usually higher once dependents are counted.

$42K–$105K/ year

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

Brands with a generic available$12K–$31K
Lower-cost therapeutic alternatives$18K–$38K
Generic pricing vs. actual cost$8K–$24K
PBM contract terms$4K–$12K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Wilson Trailer Co. Employee Benefit Plan Employee Health Care Fund
Sponsor EIN
42-1172922
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 42-1172922 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Wilson Trailer Co. Employee Benefit Plan Employee Health Care Fund'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 Wilson Trailer Co. Employee Benefit Plan Employee Health Care Fund.

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