CKS Packaging, Inc.

Atlanta, GA ManufacturingNAICS 322200

Self-funded health planPlan year 2024Renews August
2,139ParticipantsFirst year on file
$5.1MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#21 of 82Manufacturing in GABy participants

Overview

CKS Packaging, Inc. sponsors a self-funded health plan that covered 2,139 participants in plan year 2024. The plan year starts in August. Alongside medical, its benefits filing reports life insurance, dental, vision.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,139
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
CKS Packaging, Inc. Employee Health Care Plan, plan 504 (2,139 participants)
Stop-loss carrier
Tokio Marine
Broker compensation
$203K across insured contracts
MedicalLife insuranceDentalVisionOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Dental, Vision4,468$2.0M$188K
Tokio MarineStop-loss2,075$385K$15K

Pharmacy benefit estimate

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

$5.1M/ year

Estimated prescription spend: 2,139 participants × $2,371 national average per member. Usually higher once dependents are counted.

$132K–$325K/ year

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

Brands with a generic available$39K–$96K
Lower-cost therapeutic alternatives$56K–$118K
Generic pricing vs. actual cost$24K–$73K
PBM contract terms$13K–$38K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 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
CKS Packaging, Inc.
Sponsor EIN
58-1645660
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 58-1645660 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
CKS Packaging, Inc. 401k Plan
Type
401(k) plan
Participants
3,410

About this data

Source: CKS Packaging, 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 CKS Packaging, Inc..

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