Nouryon Chemicals LLC

Houston, TX ManufacturingNAICS 325100

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
898Participants+4% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#90 of 149Manufacturing in TXBy participants

Overview

Nouryon Chemicals LLC sponsors a self-funded health plan that covered 898 participants in plan year 2025, up 4% 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
898 · prior year 868
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Nouryon Chemicals Salaried Employees Group Benefits Program, plan 501 (898 participants); Nouryon Chemicals Hourly Employees Group Benefits Program, plan 502 (647 participants); Nouryon Chemicals Flexible Benefits Plan, plan 503 (412 participants); Nouryon Retired Employees Benefits Plan, plan 507 (380 participants)
Broker compensation
$55K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Securian Life Insurance CompanyAccidental Death and Dismemberment, Life928$1.5M$35K
Sun Life Assurance Company of CanadaShort-term disability, Long-term disability877$309K$4K
Metropolitan Life Insurance CompanyVision1,620$150K$16K
ComPsychEmployee Assistance Program878$28K—
Ace American Insurance CompanyBusiness Travel Accident890$6K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 898 participants × $2,371 national average per member. Usually higher once dependents are counted.

$55K–$136K/ year

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

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$24K–$49K
Generic pricing vs. actual cost$10K–$31K
PBM contract terms$5K–$16K
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
Nouryon Chemicals LLC
Sponsor EIN
83-1177040
Plan numbers
501, 502, 503, 507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 83-1177040 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Nouryon Chemicals Retirement Savings Plan
Type
401(k) plan
Participants
2,085

About this data

Source: Nouryon Chemicals LLC'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 Nouryon Chemicals LLC.

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