ABX Air, Inc.

Wilmington, OH Transportation & logisticsNAICS 481000

Self-funded health planPlan year 2024Renews January
1,751ParticipantsFirst year on file
$4.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 23Transportation & logistics in OHBy participants

Overview

ABX Air, Inc. sponsors a self-funded health plan that covered 1,751 participants in plan year 2024. 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
1,751
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
ABX Air, Inc. Cafeteria Plan, plan 501 (1,751 participants)
Broker compensation
$293K 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
Metropolitan Life Insurance CompanyDental, Life, Short-term disability, Long-term disability2,336$4.4M$292K
Prudential Insurance Company of AmericaLife401$407K—
Federal Insurance CompanyBusiness Travel Accident2,336$17K$252

Pharmacy benefit estimate

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

$4.2M/ year

Estimated prescription spend: 1,751 participants × $2,371 national average per member. Usually higher once dependents are counted.

$108K–$266K/ year

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

Brands with a generic available$32K–$79K
Lower-cost therapeutic alternatives$46K–$96K
Generic pricing vs. actual cost$20K–$60K
PBM contract terms$10K–$31K
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 2024
Plan sponsor
ABX Air, Inc.
Sponsor EIN
91-1091619
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 91-1091619 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Capital Accumulation Plan
Type
401(k) plan
Participants
3,964

About this data

Source: ABX Air, Inc.'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 ABX Air, Inc..

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