Usui International Corporation

Plymouth, MI ManufacturingNAICS 336300

Self-funded health planPlan year 2024Renews August
749ParticipantsFirst year on file
$1.8MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#108 of 138Manufacturing in MIBy participants

Overview

Usui International Corporation sponsors a self-funded health plan that covered 749 participants in plan year 2024. The plan year starts in August. 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
749
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Usui International Group Health & Welfare Benefit Plan, plan 501 (749 participants)
Broker compensation
$50K 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
United of Omaha Life Insurance CompanyLong-term disability, Life, Short-term disability740$368K$50K

Pharmacy benefit estimate

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

$1.8M/ year

Estimated prescription spend: 749 participants × $2,371 national average per member. Usually higher once dependents are counted.

$46K–$114K/ year

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

Brands with a generic available$13K–$34K
Lower-cost therapeutic alternatives$20K–$41K
Generic pricing vs. actual cost$9K–$26K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Usui International Corporation
Sponsor EIN
38-2726508
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-2726508 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Usui 401(k) Plan
Type
401(k) plan
Participants
934

About this data

Source: Usui International Corporation'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 Usui International Corporation.

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