BG Products, Inc.
Overview
BG Products, Inc. sponsors a self-funded health plan that covered 612 participants in plan year 2024. 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
- 612
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- BG Products, Inc. Flexible Benefits Plan, plan 501 (612 participants)
- Broker compensation
- $182K 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 | Indemnity, Life, Long-term disability, Short-term disability | 612 | $582K | $128K |
| Delta Dental of Kansas, Inc. | Dental | 525 | $445K | $29K |
| Vision Service Plan | Vision | 524 | $83K | $3K |
| Pre-Paid Legal Services, Inc. DBA Legalshield | PRE Paid Legal and Identity Theft | 244 | $55K | $19K |
| Teladoc | Teladoc | 408 | $17K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 612 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 2024
- Plan sponsor
- BG Products, Inc.
- Sponsor EIN
- 48-0780788
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 48-0780788 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- BG Products, Inc. Holding Company 401(k) Plan
- Type
- 401(k) plan
- Participants
- 698
About this data
Source: BG Products, 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 BG Products, Inc..