Cafe Rio, Inc.

Salt Lake City, UT HospitalityNAICS 722511

Self-funded health planPlan year 2024Renews October
727ParticipantsFirst year on file
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#2 of 4Hospitality in UTBy participants

Overview

Cafe Rio, Inc. sponsors a self-funded health plan that covered 727 participants in plan year 2024. The plan year starts in October. 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
727
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Cafe Rio, Inc. Benefit Plan, plan 501 (727 participants)
Broker compensation
$76K 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
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability678$332K$42K
Combined InsuranceAccident, Critical Illness, Hospital302$80K$33K
Legalplans, USALegal30$8K$835

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 727 participants × $2,371 national average per member. Usually higher once dependents are counted.

$45K–$110K/ year

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

Brands with a generic available$13K–$33K
Lower-cost therapeutic alternatives$19K–$40K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 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
Cafe Rio, Inc.
Sponsor EIN
84-1417768
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 84-1417768 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Cafe Rio, Inc. 401(k) Plan
Type
401(k) plan
Participants
3,674

About this data

Source: Cafe Rio, 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 Cafe Rio, Inc..

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