Lonza USA Inc.

Morristown, NJ ManufacturingNAICS 325100

Self-funded health planPlan year 2024Renews January
6,000ParticipantsFirst year on file
$14.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#10 of 76Manufacturing in NJBy participants

Overview

Lonza USA Inc. sponsors a self-funded health plan that covered 6,000 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
6,000
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Lonza U.S. Welfare Benefits Plan, plan 501 (6,000 participants)
Broker compensation
$598K 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
Securian Life Insurance CompanyLife, Accident, Critical Illness, Hospital Indemnity, Accidental Death and Dismemberment4,734$3.3M$546K
Metropolitan Life Insurance CompanyShort-term disability, Long-term disability5,426$1.9M$52K
Fidelity Security Life Insurance CompanyVision10,023$561K—

Pharmacy benefit estimate

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

$14.2M/ year

Estimated prescription spend: 6,000 participants × $2,371 national average per member. Usually higher once dependents are counted.

$370K–$912K/ year

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

Brands with a generic available$108K–$270K
Lower-cost therapeutic alternatives$158K–$330K
Generic pricing vs. actual cost$68K–$205K
PBM contract terms$36K–$107K
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
Lonza USA Inc.
Sponsor EIN
22-2188958
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-2188958 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Lonza USA 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 Lonza USA Inc..

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