SK Hynix America, Inc.
Overview
SK Hynix America, Inc. sponsors a self-funded health plan that covered 718 participants in plan year 2025, up 16% from the prior year. The plan year starts in March. 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
- 718 · prior year 621
- Plan year
- Begins March 1 · next renewal March 2027
- Health plans filed
- SK Hynix America, Inc. Welfare Benefit Plan, plan 501 (718 participants)
- Stop-loss carrier
- Anthem Blue Cross
- Broker compensation
- $442K 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 |
|---|---|---|---|---|
| Guardian Life Insurance Company of America | Dental, Vision, Life, Short-term disability, Long-term disability | 613 | $1.9M | $143K |
| Anthem Blue Cross | Medical, PPO, Stop-loss | 1,535 | $1.2M | $299K |
| Prudential Insurance Company of America | Business Travel Accident | 350 | $2K | $44 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 718 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 2025
- Plan sponsor
- SK Hynix America, Inc.
- Sponsor EIN
- 94-2876679
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 94-2876679 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- SK Hynix America 401(k) Plan
- Type
- 401(k) plan
- Participants
- 599
About this data
Source: SK Hynix 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 SK Hynix America, Inc..