Ag Processing Inc.
Overview
Ag Processing Inc. sponsors a self-funded health plan that covered 1,181 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, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 1,181 · prior year 1,182
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- The Ag Processing Inc. Welfare Benefits Plan, plan 501 (1,181 participants)
- Stop-loss carrier
- Sun Life Assurance Company of Canada
- Broker compensation
- $263K 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 |
|---|---|---|---|---|
| Standard Insurance Company | Life, Long-term disability | 1,211 | $1.2M | $141K |
| Sun Life Assurance Company of Canada | Stop-loss | 1,098 | $1.1M | $122K |
| Vision Service Plan | Vision | 928 | $199K | — |
| Delta Dental of Iowa | Dental | 1,110 | — | — |
| Wellmark Blue Cross and Blue Shield of Iowa | Medical | 1,109 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,181 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
- Ag Processing Inc.
- Sponsor EIN
- 42-0615016
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 42-0615016 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- The Restated Thrift/profit Sharing Plan for Cooperatives
- Type
- 401(k) plan
- Participants
- 1,829
About this data
Source: Ag Processing 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 Ag Processing Inc..