Conagra Brands, Inc.

Chicago, IL ManufacturingNAICS 311900

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
16,256Participants+2% vs. prior year
$38.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 122Manufacturing in ILBy participants

Overview

Conagra Brands, Inc. sponsors a self-funded health plan that covered 16,256 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
16,256 · prior year 15,981
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Conagra Brands, Inc. Welfare Benefit Wrap Plan, plan 512 (16,256 participants)
Broker compensation
$365K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Continental American Insurance CompanyLife17,008$6.9M$264K
Life Insurance Company of North AmericaLong-term disability8,278$1.8M$58K
MetLife Legal PlansLegal1,572$266K$33K
Curalinc, LLC DBA Curalinc HealthcareEmployee Assistance Program16,244$235K—
Humana Insurance CompanyMedical65$130K$9K
Combined Insurance Company of AmericaLife449——

Pharmacy benefit estimate

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

$38.5M/ year

Estimated prescription spend: 16,256 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.0M–$2.5M/ year

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

Brands with a generic available$293K–$732K
Lower-cost therapeutic alternatives$428K–$894K
Generic pricing vs. actual cost$185K–$555K
PBM contract terms$96K–$289K
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
Conagra Brands, Inc.
Sponsor EIN
47-0248710
Plan number
512
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-0248710 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Conagra Brands Retirement Income Savings Plan
Type
401(k) plan
Participants
28,863

About this data

Source: Conagra Brands, 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 Conagra Brands, Inc..

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