NYX, Inc.

Livonia, MI ManufacturingNAICS 336100

Self-funded health planPlan year 2024Renews May
2,108ParticipantsFirst year on file
$5.0MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#37 of 138Manufacturing in MIBy participants

Overview

NYX, Inc. sponsors a self-funded health plan that covered 2,108 participants in plan year 2024. The plan year starts in May. 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
2,108
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
NYX, Inc. Premium Savings & Health Ins. Plan, plan 501 (2,108 participants)
Stop-loss carrier
Sun Life Assurance Company of Canada; Blue Cross Blue Shield of Michigan
Broker compensation
$210K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Sun Life Assurance Company of CanadaLife, Long-term disability, Short-term disability, Stop-loss1,675$1.7M$150K
Blue Cross Blue Shield of TennesseeMedical306$1.5M$50K
Eyemed Vision CareVision1,501$104K$11K
Blue Cross Blue Shield of MichiganStop-loss861——

Pharmacy benefit estimate

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

$5.0M/ year

Estimated prescription spend: 2,108 participants × $2,371 national average per member. Usually higher once dependents are counted.

$130K–$320K/ year

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

Brands with a generic available$38K–$95K
Lower-cost therapeutic alternatives$55K–$116K
Generic pricing vs. actual cost$24K–$72K
PBM contract terms$12K–$37K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
NYX, Inc.
Sponsor EIN
38-2806132
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-2806132 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
NYX, Inc. & Affiliates 401(k) Plan
Type
401(k) plan
Participants
3,952

About this data

Source: NYX, 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 NYX, Inc..

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