New York Air Brake
Overview
New York Air Brake sponsors a self-funded health plan that covered 851 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
- 851 · prior year 867
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- New York Air Brake Corporation a Knorr Brake Company Health Care Disability Life Insurance Premium Payment and Flex Plan IAM Union, plan 502 (851 participants); New York Air Brake Corporation a Knorr Brake Company Welfare Benefit Premium Payment and Flex Plan, plan 501 (851 participants)
- Broker compensation
- $119K 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 |
|---|---|---|---|---|
| Hartford Life and Accident | Life, Short-term disability, Long-term disability | 851 | $972K | $119K |
| Vision Service Plan | Vision | 408 | $124K | — |
| Aetna Behavioral Health, LLC | Employee Assistance Program | 763 | $29K | — |
| Ace American Insurance Company | Business Travel Accident | 2,805 | $24K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 851 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 2025
- Plan sponsor
- New York Air Brake
- Sponsor EIN
- 16-1385584
- Plan numbers
- 502, 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 16-1385584 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Knorr Brake 401(k) Retirement and Savings Plan
- Type
- 401(k) plan
- Participants
- 2,520
About this data
Source: New York Air Brake'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 New York Air Brake.