Nilfisk, Inc.

Brooklyn Park, MN ManufacturingNAICS 333310

Self-funded health planPlan year 2025Renews January
754Participants+1% vs. prior year
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#59 of 78Manufacturing in MNBy participants

Overview

Nilfisk, Inc. sponsors a self-funded health plan that covered 754 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
754 · prior year 745
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Nilfisk Group U. S. Employee Benefit Plan, plan 510 (754 participants)
Broker compensation
$58K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Long-term disability, Accident, Critical Illness557$513K$43K
First Stop HealthEmployee Assistance Plan546$60K$6K
EyemedVision621$51K$6K
MetLife Legal PlansPrepaid Legal Plan35$11K$1K

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 754 participants × $2,371 national average per member. Usually higher once dependents are counted.

$46K–$115K/ year

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

Brands with a generic available$14K–$34K
Lower-cost therapeutic alternatives$20K–$41K
Generic pricing vs. actual cost$9K–$26K
PBM contract terms$4K–$13K
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
Nilfisk, Inc.
Sponsor EIN
41-0116040
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-0116040 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Nilfisk Group U.S. 401(k) Retirement Plan
Type
401(k) plan
Participants
949

About this data

Source: Nilfisk, 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 Nilfisk, Inc..

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