Young Innovations Inc.

Algonquin, IL ManufacturingNAICS 339900

Self-funded health planPlan year 2025Renews January
623Participants-2% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#106 of 122Manufacturing in ILBy participants

Overview

Young Innovations Inc. sponsors a self-funded health plan that covered 623 participants in plan year 2025, down 3% 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
623 · prior year 639
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Young Innovations Inc. Medical Dental Insurance Program, plan 502 (623 participants)
Broker compensation
$11K 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
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability622$288K$9K
Fidelity Security Life Insurance CompanyVision762$43K$2K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 623 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$95K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$16K–$34K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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
Young Innovations Inc.
Sponsor EIN
43-1718931
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 43-1718931 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Young Innovations, Inc. 401(k) Program
Type
401(k) plan
Participants
882

About this data

Source: Young Innovations 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 Young Innovations Inc..

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