Nashville Wire Products Manufacturing Company LLC.

Nashville, TN ManufacturingNAICS 332900

Self-funded health planPlan year 2025Renews January
950Participants+0% vs. prior year
$2.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#28 of 54Manufacturing in TNBy participants

Overview

Nashville Wire Products Manufacturing Company LLC. sponsors a self-funded health plan that covered 950 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, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
950 · prior year 947
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Nashville Wire Products Manufacturing Company Rebp, plan 501 (950 participants)
Stop-loss carrier
HM Life Insurance Company
Broker compensation
$191K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross Blue Shield of AlabamaMedical, Prescription drug, PPO70$672K—
HM Life Insurance CompanyStop-loss625$647K$65K
New York Life (life Insurance Company of North America)Long-term disability, Accidental Death and Dismemberment, Life891$569K$99K
Delta Dental of TennesseeDental1,123$359K$22K
Vision Service PlanVision634$61K$6K

Pharmacy benefit estimate

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

$2.3M/ year

Estimated prescription spend: 950 participants × $2,371 national average per member. Usually higher once dependents are counted.

$59K–$144K/ year

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

Brands with a generic available$17K–$43K
Lower-cost therapeutic alternatives$25K–$52K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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
Nashville Wire Products Manufacturing Company LLC.
Sponsor EIN
62-0305615
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-0305615 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Nashville Wire Products 401(k) Plan
Type
401(k) plan
Participants
897

About this data

Source: Nashville Wire Products Manufacturing Company LLC.'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 Nashville Wire Products Manufacturing Company LLC..

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