Big Y Foods, Inc.

Springfield, MA RetailNAICS 445110

Self-funded health planPlan year 2025Renews January
6,467Participants+2% vs. prior year
$15.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 20Retail in MABy participants

Overview

Big Y Foods, Inc. sponsors a self-funded health plan that covered 6,467 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
6,467 · prior year 6,358
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Big Y Foods, Inc. Health and Welfare Plan, plan 506 (6,467 participants)
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
Standard Insurance CompanyLife, Long-term disability6,300$942K—
Cigna Health and Life Insurance Company and AffiliatesDental222$44K—

Pharmacy benefit estimate

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

$15.3M/ year

Estimated prescription spend: 6,467 participants × $2,371 national average per member. Usually higher once dependents are counted.

$399K–$983K/ year

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

Brands with a generic available$117K–$291K
Lower-cost therapeutic alternatives$170K–$356K
Generic pricing vs. actual cost$74K–$221K
PBM contract terms$38K–$115K
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
Big Y Foods, Inc.
Sponsor EIN
04-2052307
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-2052307 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Big Y Foods, Inc. 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
12,160

About this data

Source: Big Y Foods, 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 Big Y Foods, Inc..

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