Shiroki North America Inc.

Smithville, TN ManufacturingNAICS 336300

Self-funded health planPlan year 2025Renews January
732Participants-1% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#38 of 54Manufacturing in TNBy participants

Overview

Shiroki North America Inc. sponsors a self-funded health plan that covered 732 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, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
732 · prior year 739
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Shiroki Welfare Benefits Plan, plan 501 (732 participants)
Broker compensation
$62K across insured contracts
MedicalLife insuranceDentalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyLife, Long-term disability711$367K$62K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 732 participants × $2,371 national average per member. Usually higher once dependents are counted.

$45K–$111K/ year

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

Brands with a generic available$13K–$33K
Lower-cost therapeutic alternatives$19K–$40K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
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
Shiroki North America Inc.
Sponsor EIN
38-2812271
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-2812271 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Shiroki North America, Inc. 401(k) Retirement & Savings Plan.
Type
401(k) plan
Participants
889

About this data

Source: Shiroki North America Inc.'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 Shiroki North America Inc..

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