Nissin Foods USA Co., Inc.

Gardena, CA ManufacturingNAICS 311900

Self-funded health planPlan year 2025Renews July
749Participants+4% vs. prior year
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#42 of 61Manufacturing in CABy participants

Overview

Nissin Foods USA Co., Inc. sponsors a self-funded health plan that covered 749 participants in plan year 2025, up 4% from the prior year. The plan year starts in July. 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
749 · prior year 723
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Nissin Foods USA Co., Inc. Employee Benefit Plan, plan 501 (749 participants)
Broker compensation
$53K 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
United of Omaha Life Insurance CompanyLong-term disability, Life, Short-term disability, Critical Illness, Accident, Hospital Indemnity749$217K$53K
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident749$2K$469

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 749 participants × $2,371 national average per member. Usually higher once dependents are counted.

$46K–$114K/ year

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

Brands with a generic available$13K–$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 July 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Nissin Foods USA Co., Inc.
Sponsor EIN
95-2655682
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-2655682 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Nissin Foods (u.s.a.) Co., Inc. Retirement and Savings Plan
Type
401(k) plan
Participants
869

About this data

Source: Nissin Foods USA Co., 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 Nissin Foods USA Co., Inc..

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