Creekstone Farms Premium Beef LLC

Arkansas City, KS ManufacturingNAICS 311610

Self-funded health planPlan year 2024Renews May
1,233ParticipantsFirst year on file
$2.9MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#12 of 36Manufacturing in KSBy participants

Overview

Creekstone Farms Premium Beef LLC sponsors a self-funded health plan that covered 1,233 participants in plan year 2024. The plan year starts in May. 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
1,233
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Creekstone Farms Premium Beef LLC Employee Benefit Plan, plan 502 (1,233 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 CompanyDental, Life, Short-term disability, Long-term disability1,233$621K—
Vision Service PlanVision528$100K—

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,233 participants × $2,371 national average per member. Usually higher once dependents are counted.

$76K–$187K/ year

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

Brands with a generic available$22K–$56K
Lower-cost therapeutic alternatives$32K–$68K
Generic pricing vs. actual cost$14K–$42K
PBM contract terms$7K–$22K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 2028: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Creekstone Farms Premium Beef LLC
Sponsor EIN
81-0589009
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 81-0589009 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Creekstone Farms Premium Beef, LLC 401(k) Plan
Type
401(k) plan
Participants
1,295

About this data

Source: Creekstone Farms Premium Beef LLC'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 Creekstone Farms Premium Beef LLC.

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