Berry Global, Inc. (FKA Berry Plastics Corporation)

Evansville, IN ManufacturingNAICS 326100

Self-funded health planPlan year 2025Renews January
24,652Participants0% vs. prior year
$58.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 93Manufacturing in INBy participants

Overview

Berry Global, Inc. (FKA Berry Plastics Corporation) sponsors a self-funded health plan that covered 24,652 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, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
24,652 · prior year 24,652
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Berry Global, Inc. Employee Benefit Plan, plan 501 (24,652 participants)
Broker compensation
$2.1M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Securian Life Insurance CompanyLife22,736$6.7M$394K
Continental American Insurance CompanyLife15,084$6.5M$1.5M
Prudential Insurance Company of AmericaShort-term disability, Long-term disability14,606$2.6M$135K
Vision Service PlanVision9,576$1.3M—
Metropolitan General Insurance CompanyLegal964$204K$22K
ComPsychEmployee Assistance Program12,479$143K—
ConcernEmployee Assistance Program4,012$64K—
Zurich American Insurance CompanyBusiness Travel Accident8,124$10K$2K

Pharmacy benefit estimate

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

$58.4M/ year

Estimated prescription spend: 24,652 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.5M–$3.7M/ year

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

Brands with a generic available$444K–$1.1M
Lower-cost therapeutic alternatives$649K–$1.4M
Generic pricing vs. actual cost$281K–$842K
PBM contract terms$146K–$438K
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
Berry Global, Inc. (FKA Berry Plastics Corporation)
Sponsor EIN
35-1814673
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-1814673 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Berry Global Employees 401(k) Retirement Plan
Type
401(k) plan
Participants
20,649

About this data

Source: Berry Global, Inc. (FKA Berry Plastics Corporation)'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 Berry Global, Inc. (FKA Berry Plastics Corporation).

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