Coca Cola Beverages Northeast

Bedford, NH ManufacturingNAICS 312110

Self-funded health planPlan year 2024Renews July
2,741ParticipantsFirst year on file
$6.5MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#2 of 13Manufacturing in NHBy participants

Overview

Coca Cola Beverages Northeast sponsors a self-funded health plan that covered 2,741 participants in plan year 2024. The plan year starts in July. 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
2,741
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Coca Cola Beverages Northeast Group Benefit Plan, plan 501 (2,741 participants)
Broker compensation
$51K across insured contracts
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
Lincoln National Life Insurance CompanyLife, Long-term disability2,629$2.2M$21K
Cigna Health and Life Insurance CompanyAccident, Critical Illness, Hospital2,741$221K$30K
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident2,741$4K—

Pharmacy benefit estimate

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

$6.5M/ year

Estimated prescription spend: 2,741 participants × $2,371 national average per member. Usually higher once dependents are counted.

$169K–$417K/ year

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

Brands with a generic available$49K–$123K
Lower-cost therapeutic alternatives$72K–$151K
Generic pricing vs. actual cost$31K–$94K
PBM contract terms$16K–$49K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
Coca Cola Beverages Northeast
Sponsor EIN
04-2614952
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-2614952 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Coca Cola Beverages Northeast, Inc. Incentive Savings Plan
Type
401(k) plan
Participants
3,537

About this data

Source: Coca Cola Beverages Northeast'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 Coca Cola Beverages Northeast.

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