Nice-Pak Products, Inc.
Overview
Nice-Pak Products, Inc. sponsors a self-funded health plan that covered 1,110 participants in plan year 2025, down 37% 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
- 1,110 · prior year 1,771
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Nice-Pak Products, Inc. Health and Welfare Benefits Plan, plan 501 (1,110 participants)
- Broker compensation
- $213K 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 |
|---|---|---|---|---|
| First Reliance Standard Life Insurance Company | Life, Accidental Death and Dismemberment, Short-term disability, Long-term disability | 1,355 | $1.2M | $162K |
| Cigna Health and Life Insurance Company and Affiliates | Dental | 1,134 | $782K | $145 |
| Metropolitan Life Insurance Company | Critical Illness, Accident, Hospital Indemnity | 425 | $219K | $34K |
| Vision Service Plan | Vision | 1,017 | $105K | $6K |
| Reliance Standard Life Insurance Company | Short-term disability | 183 | $98K | $857 |
| Metropolitan General Insurance Company | Legal | 190 | $54K | $6K |
| United Behavioral Health DBA Optum | Employee Assistance Program | 1,361 | $40K | — |
| Federal Insurance Company | Business Travel Accident | 1,110 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,110 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
- Nice-Pak Products, Inc.
- Sponsor EIN
- 13-5648554
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 13-5648554 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Nice-Pak Products, Inc. 401(k) Savings Plan
- Type
- 401(k) plan
- Participants
- 1,855
About this data
Source: Nice-Pak Products, 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 Nice-Pak Products, Inc..