NFI Industries, Inc.

Camden, NJ Transportation & logisticsNAICS 484120

Self-funded health planPlan year 2025Renews January
16,342Participants+6% vs. prior year
$38.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 8Transportation & logistics in NJBy participants

Overview

NFI Industries, Inc. sponsors a self-funded health plan that covered 16,342 participants in plan year 2025, up 6% from 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
16,342 · prior year 15,432
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
NFI Industries Inc. Employee Health Care Plan, plan 501 (16,342 participants)
Broker compensation
$2.2M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability14,668$7.2M$1.3M
Continental American Insurance CompanyAccident, Critical Illness, Hospital6,554$2.3M$418K
Provident Life and Accident Insurance CompanyLife3,992$1.2M$379K
UnitedHealthcare Insurance CompanyHospital1,236$626K$125K
Legalplans, USALegal1,578$268K$40K
Curalinc LLCEmployee Assistance Program16,342$161K—
First Unum Life Insurance CompanyLife58$19K$6K

Pharmacy benefit estimate

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

$38.7M/ year

Estimated prescription spend: 16,342 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.0M–$2.5M/ year

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

Brands with a generic available$294K–$736K
Lower-cost therapeutic alternatives$430K–$899K
Generic pricing vs. actual cost$186K–$558K
PBM contract terms$97K–$291K
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
NFI Industries, Inc.
Sponsor EIN
22-2543994
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-2543994 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
NFI Industries, Inc. Employee Retirement Savings Plan
Type
401(k) plan
Participants
17,305

About this data

Source: NFI Industries, Inc.'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 NFI Industries, Inc..

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