NHK Seating of America, Inc.

Frankfort, IN ManufacturingNAICS 337000

Self-funded health planPlan year 2025Renews January
802ParticipantsPrior year not comparable
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#61 of 93Manufacturing in INBy participants

Overview

NHK Seating of America, Inc. sponsors a self-funded health plan that covered 802 participants in plan year 2025. 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
802 · prior year 282
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
NHK Seating of America, Inc. Medical Plan, plan 501 (802 participants)
Broker compensation
$101K 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
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability1,042$535K$98K
Vision Service PlanVision686$101K$3K

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 802 participants × $2,371 national average per member. Usually higher once dependents are counted.

$49K–$122K/ year

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

Brands with a generic available$14K–$36K
Lower-cost therapeutic alternatives$21K–$44K
Generic pricing vs. actual cost$9K–$27K
PBM contract terms$5K–$14K
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
NHK Seating of America, Inc.
Sponsor EIN
38-2750123
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-2750123 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
NHK Seating of America, Inc. 401(k) PS Plan and Trust
Type
401(k) plan
Participants
917

About this data

Source: NHK Seating of America, 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 NHK Seating of America, Inc..

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