Brother International Corporation

Bridgewater, NJ ManufacturingNAICS 334110

Self-funded health planPlan year 2025Renews January
852Participants-1% vs. prior year
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#63 of 76Manufacturing in NJBy participants

Overview

Brother International Corporation sponsors a self-funded health plan that covered 852 participants in plan year 2025, about the same as 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
852 · prior year 857
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Brother Group Insurance Plan, plan 510 (852 participants)
Broker compensation
$110K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath 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 disability830$656K$96K
Vision Service PlanVision714$140K$10K
National Union Fire Ins. Company of Pittsburgh, PABusiness Travel Accident830$16K$4K
Health Advocate Solutions, Inc.Employee Assistance Program824$14K—

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 852 participants × $2,371 national average per member. Usually higher once dependents are counted.

$53K–$129K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$47K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
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
Brother International Corporation
Sponsor EIN
22-3142007
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-3142007 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Brother USA Retirement Plan
Type
401(k) plan
Participants
1,210

About this data

Source: Brother International Corporation'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 Brother International Corporation.

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