Nordson Corporation

Westlake, OH ManufacturingNAICS 333200

Self-funded health planPlan year 2025Renews January
2,592Participants0% vs. prior year
$6.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#32 of 147Manufacturing in OHBy participants

Overview

Nordson Corporation sponsors a self-funded health plan that covered 2,592 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, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,592 · prior year 2,592
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Nordson Corporation Flexible Benefit Plan, plan 510 (2,592 participants); Nordson Corporation Retiree Health Plan, plan 513 (866 participants)
Broker compensation
$137K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLong-term disability, Life2,884$2.5M$87K
Kaiser Foundation Health Plan, Inc.Medical, Prescription drug, HMO82$822K—
Unum Insurance CompanyAccident, Critical Illness684$343K$50K

Pharmacy benefit estimate

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

$6.1M/ year

Estimated prescription spend: 2,592 participants × $2,371 national average per member. Usually higher once dependents are counted.

$160K–$394K/ year

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

Brands with a generic available$47K–$117K
Lower-cost therapeutic alternatives$68K–$143K
Generic pricing vs. actual cost$29K–$88K
PBM contract terms$15K–$46K
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
Nordson Corporation
Sponsor EIN
34-0590250
Plan numbers
510, 513
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 34-0590250 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Nordson Employees' Savings Trust Plan
Type
401(k) plan
Participants
4,554

About this data

Source: Nordson Corporation'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 Nordson Corporation.

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