Onix Group LLC
Overview
Onix Group LLC sponsors a self-funded health plan that covered 810 participants in plan year 2024. The plan year starts in July. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 810
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Onix Group LLC Employee Benefits Plan, plan 501 (810 participants); Onix Group LLC HRA Plan, plan 502 (271 participants)
- Broker compensation
- $13K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Lincoln National Life Insurance Company | Life, Long-term disability | 798 | $157K | $11K |
| Vision Benefits of America | Vision | 383 | $41K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 810 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Onix Group LLC
- Sponsor EIN
- 26-3892750
- Plan numbers
- 501, 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 26-3892750 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Onix Group 401(k) Plan
- Type
- 401(k) plan
- Participants
- 1,278
About this data
Source: Onix Group LLC'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 Onix Group LLC.