Wolverine World Wide, Inc.

Rockford, MI ManufacturingNAICS 316210

Self-funded health planPlan year 2025Renews January
1,282Participants-8% vs. prior year
$3.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#73 of 138Manufacturing in MIBy participants

Overview

Wolverine World Wide, Inc. sponsors a self-funded health plan that covered 1,282 participants in plan year 2025, down 8% 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
1,282 · prior year 1,392
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Wolverine World Wide, Inc. Health and Welfare Plan, plan 501 (1,282 participants)
Broker compensation
$84K 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
Lincoln National Life Insurance CompanyLife, Long-term disability1,777$596K$46K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision1,738$120K—
The Lincoln National Life Insurance CompanyCritical Illness, Accident, Hospital Indemnity287$109K$34K
Federal Insurance CompanyAccidental Death and Dismemberment/busin1,170$27K$4K

Pharmacy benefit estimate

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

$3.0M/ year

Estimated prescription spend: 1,282 participants × $2,371 national average per member. Usually higher once dependents are counted.

$79K–$195K/ year

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

Brands with a generic available$23K–$58K
Lower-cost therapeutic alternatives$34K–$71K
Generic pricing vs. actual cost$15K–$44K
PBM contract terms$8K–$23K
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
Wolverine World Wide, Inc.
Sponsor EIN
38-1185150
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-1185150 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Wolverine World Wide, Inc. 401(k) Retirement Savings Plan I
Type
401(k) plan
Participants
1,733

About this data

Source: Wolverine World Wide, 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 Wolverine World Wide, Inc..

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