Family Farm & Home, Inc.

Muskegon, MI RetailNAICS 444200

Self-funded health planPlan year 2025Renews October
601Participants+2% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#13 of 13Retail in MIBy participants

Overview

Family Farm & Home, Inc. sponsors a self-funded health plan that covered 601 participants in plan year 2025, up 2% from the prior year. 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
601 · prior year 589
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Family Farm and Home Welfare Benefit Plan, plan 501 (601 participants)
Broker compensation
$12K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyLife, Short-term disability601$35K$6K
Continental American Insurance CompanyAccident, Critical Illness295$17K$5K
Eyemed Vision Care on Behalf of the Fidelity Security Life Ins. Co.Vision574$8K$766

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 601 participants × $2,371 national average per member. Usually higher once dependents are counted.

$37K–$91K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$33K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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 2025
Plan sponsor
Family Farm & Home, Inc.
Sponsor EIN
75-2980014
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-2980014 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Family Farm & Home Retirement Plan
Type
401(k) plan
Participants
1,084

About this data

Source: Family Farm & Home, 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 Family Farm & Home, Inc..

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