Nyrstar Tennessee Mines-Strawberry Plains Welfare Plan

New Market, TN Mining & energyNAICS 213110

Self-funded health planPlan year 2025Renews January
909Participants-8% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 4Mining & energy in TNBy participants

Overview

Nyrstar Tennessee Mines-Strawberry Plains Welfare Plan sponsors a self-funded health plan that covered 909 participants in plan year 2025, down 8% 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
909 · prior year 992
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Nyrstar Tennessee Mines-Strawberry Plains Welfare Plan, plan 501 (909 participants)
Broker compensation
$115K 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
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability883$850K$72K
Cigna Health and Life Insurance CompanyCritical Illness, Accident, Hospital883$196K$43K
First Stop Health, LLCTelehealth811$117K—
All One HealthEmployee Assistance Program492$21K—

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 909 participants × $2,371 national average per member. Usually higher once dependents are counted.

$56K–$138K/ year

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

Brands with a generic available$16K–$41K
Lower-cost therapeutic alternatives$24K–$50K
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
Nyrstar Tennessee Mines-Strawberry Plains Welfare Plan
Sponsor EIN
20-4991784
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-4991784 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Nyrstar Tennessee Mines-Strawberry Plains Welfare Plan'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 Nyrstar Tennessee Mines-Strawberry Plains Welfare Plan.

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