ALI Group North America Corporation

Winston Salem, NC ManufacturingNAICS 333310

Self-funded health planPlan year 2024Renews April
4,088ParticipantsFirst year on file
$9.7MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#12 of 85Manufacturing in NCBy participants

Overview

ALI Group North America Corporation sponsors a self-funded health plan that covered 4,088 participants in plan year 2024. The plan year starts in April. 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
4,088
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
ALI North America Employee Welfare Benefits Plan, plan 501 (4,088 participants)
Stop-loss carrier
Blue Cross Blue Shield of North Carolina
Broker compensation
$549K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
RxbenefitsPrescription drug2,210$11.5M—
Lincoln National Life Insurance CompanyLife, Short-term disability, Short-Term Disability and Leave, Long-term disability4,125$4.4M$332K
Blue Cross Blue Shield of North CarolinaStop-loss3,086$1.5M—
Unum Life Insurance Company of AmericaAccident, Hospital Indemnity, Critical Illness826$791K$172K
Vision Service PlanVision2,860$585K$32K
The Lincoln National Life Insurance CompanyCritical Illness, Hospital Indemenity, A, Long Term Disability Leave4,125$196K—
Teladoc Health, Inc.Telehealth2,886$94K$14K

Pharmacy benefit estimate

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

$9.7M/ year

Estimated prescription spend: 4,088 participants × $2,371 national average per member. Usually higher once dependents are counted.

$252K–$621K/ year

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

Brands with a generic available$74K–$184K
Lower-cost therapeutic alternatives$108K–$225K
Generic pricing vs. actual cost$47K–$140K
PBM contract terms$24K–$73K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
ALI Group North America Corporation
Sponsor EIN
57-1149631
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 57-1149631 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
ALI Group Retirement Plan
Type
401(k) plan
Participants
5,545

About this data

Source: ALI Group North America Corporation'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 ALI Group North America Corporation.

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