SHI International Corp.

Somerset, NJ Professional servicesNAICS 541519

Self-funded health planPlan year 2025Renews January
5,629Participants0% vs. prior year
$13.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 32Professional services in NJBy participants

Overview

SHI International Corp. sponsors a self-funded health plan that covered 5,629 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, vision, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
5,629 · prior year 5,648
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
SHI International Corp. Health and Welfare Plan, plan 502 (5,629 participants)
Broker compensation
$364K 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 disability5,583$2.8M$314K
Eyemed Vision Care on Behalf of Combined Insurance Co. of AmericaVision7,910$495K$49K

Pharmacy benefit estimate

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

$13.3M/ year

Estimated prescription spend: 5,629 participants × $2,371 national average per member. Usually higher once dependents are counted.

$347K–$856K/ year

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

Brands with a generic available$101K–$254K
Lower-cost therapeutic alternatives$148K–$310K
Generic pricing vs. actual cost$64K–$192K
PBM contract terms$33K–$100K
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
SHI International Corp.
Sponsor EIN
22-3009648
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-3009648 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
SHI International Corp. 401(k) Savings Plan
Type
401(k) plan
Participants
7,464

About this data

Source: SHI International Corp.'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 SHI International Corp..

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