Berry Companies, Inc.

Wichita, KS ManufacturingNAICS 333200

Self-funded health planPlan year 2024Renews September
1,322ParticipantsFirst year on file
$3.1MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#10 of 36Manufacturing in KSBy participants

Overview

Berry Companies, Inc. sponsors a self-funded health plan that covered 1,322 participants in plan year 2024. The plan year starts in September. 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
1,322
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Berry Companies, Inc. Employee Group Benefit Plan, plan 501 (1,322 participants)
Broker compensation
$99K 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
Sun Life Assurance Company of CanadaLife, Long-term disability1,240$572K$42K
American Heritage Life Insurance CompanyCritical Illness, Cancer, Accident504$209K$45K
Surency Life and HealthVision736$121K$12K
ComPsych CorporationEmployee Assistance Program1,265$31K—
Delta Dental of Kansas, Inc.Dental902——

Pharmacy benefit estimate

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

$3.1M/ year

Estimated prescription spend: 1,322 participants × $2,371 national average per member. Usually higher once dependents are counted.

$81K–$201K/ year

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

Brands with a generic available$24K–$60K
Lower-cost therapeutic alternatives$35K–$73K
Generic pricing vs. actual cost$15K–$45K
PBM contract terms$8K–$24K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 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
Berry Companies, Inc.
Sponsor EIN
48-0797941
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 48-0797941 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Berry Companies, Inc. Profit Sharing Plan
Type
401(k) plan
Participants
1,714

About this data

Source: Berry Companies, Inc.'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 Berry Companies, Inc..

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