NMG Holding Company, Inc.

Dallas, TX RetailNAICS 448190

Self-funded health planPlan year 2024Renews August
2,717ParticipantsFirst year on file
$6.4MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#19 of 64Retail in TXBy participants

Overview

NMG Holding Company, Inc. sponsors a self-funded health plan that covered 2,717 participants in plan year 2024. The plan year starts in August. Alongside medical, its benefits filing reports dental, vision, short-term disability, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,717
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
The NMG Advantage Plan, plan 504 (2,717 participants)
MedicalDentalVisionShort-term disabilityDeath benefitsOther welfare benefits

Pharmacy benefit estimate

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

$6.4M/ year

Estimated prescription spend: 2,717 participants × $2,371 national average per member. Usually higher once dependents are counted.

$167K–$413K/ year

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

Brands with a generic available$49K–$122K
Lower-cost therapeutic alternatives$72K–$149K
Generic pricing vs. actual cost$31K–$93K
PBM contract terms$16K–$48K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
NMG Holding Company, Inc.
Sponsor EIN
85-3045916
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 85-3045916 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: NMG Holding Company, Inc.'s Form 5500 filing for plan year 2024 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 NMG Holding Company, Inc..

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