Nucor Yamato Steel Company

Blytheville, AR ManufacturingNAICS 331110

Self-funded health planPlan year 2025Renews January
1,078Participants-2% vs. prior year
$2.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 13Manufacturing in ARBy participants

Overview

Nucor Yamato Steel Company sponsors a self-funded health plan that covered 1,078 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, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,078 · prior year 1,096
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Nucor Corporation Group Life & Health Insurance for All Employees, plan 501 (1,078 participants)
Broker compensation
$129K across insured contracts
MedicalLife insuranceDentalLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaLife, Long-term disability29,627$46.5M$129K
Eyemed Vision CareVision965$103K—

Pharmacy benefit estimate

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

$2.6M/ year

Estimated prescription spend: 1,078 participants × $2,371 national average per member. Usually higher once dependents are counted.

$66K–$164K/ year

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

Brands with a generic available$19K–$49K
Lower-cost therapeutic alternatives$28K–$59K
Generic pricing vs. actual cost$12K–$37K
PBM contract terms$6K–$19K
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
Nucor Yamato Steel Company
Sponsor EIN
71-0645150
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0645150 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Nucor Yamato Steel Company'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 Nucor Yamato Steel Company.

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