Johnson Matthey Inc.
Overview
Johnson Matthey Inc. sponsors a self-funded health plan that covered 1,266 participants in plan year 2024. The plan year starts in November. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,266
- Plan year
- Begins November 1 · next renewal November 2027
- Health plans filed
- Johnson Matthey Inc. Salaried Employee Group Insurance Plan, plan 502 (1,266 participants); Johnson Matthey Inc. Union Employees Group Insurance Plan, plan 501 (370 participants)
- Broker compensation
- $145K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Sun Life Assurance Company of Canada | Long-term disability, Life, Short-term disability | 2,142 | $1.1M | $145K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,266 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Johnson Matthey Inc.
- Sponsor EIN
- 23-0411710
- Plan numbers
- 502, 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 23-0411710 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Johnson Matthey Inc. Salaried Employees Savings Investment Plan
- Type
- 401(k) plan
- Participants
- 3,201
About this data
Source: Johnson Matthey 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 Johnson Matthey Inc..