Mayco International

Sterling Heights, MI Wholesale tradeNAICS 423100

Self-funded health planPlan year 2025Renews January
1,916Participants+0% vs. prior year
$4.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#6 of 21Wholesale trade in MIBy participants

Overview

Mayco International sponsors a self-funded health plan that covered 1,916 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
1,916 · prior year 1,908
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mayco International Welfare Benefit Plan, plan 501 (1,916 participants)
Stop-loss carrier
Blue Cross Blue Shield
Broker compensation
$241K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross Blue ShieldMedical, Prescription drug, Dental, Vision, Stop-loss2,534$1.7M$161K
Unum Insurance CompanyLife, Critical Illness, Group Accident, Hospital1,895$596K$65K
Unum Life Insurance Company of AmericaLong-term disability, Voluntary Long Term Disability, Grandfathered Accident & Critical Illnes394$231K$15K
Ulliance, Inc.Employee Assistance Program570$37K—

Pharmacy benefit estimate

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

$4.5M/ year

Estimated prescription spend: 1,916 participants × $2,371 national average per member. Usually higher once dependents are counted.

$118K–$291K/ year

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

Brands with a generic available$35K–$86K
Lower-cost therapeutic alternatives$50K–$105K
Generic pricing vs. actual cost$22K–$65K
PBM contract terms$11K–$34K
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
Mayco International
Sponsor EIN
20-5663915
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-5663915 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Global Affiliates Salaried 401(k) Plan
Type
401(k) plan
Participants
5,307

About this data

Source: Mayco International'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 Mayco International.

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