Gold Medal Bakery, Inc.

Fall River, MA ManufacturingNAICS 311800

Self-funded health planPlan year 2025Renews April
537Participants-3% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#48 of 48Manufacturing in MABy participants

Overview

Gold Medal Bakery, Inc. sponsors a self-funded health plan that covered 537 participants in plan year 2025, down 3% from the prior year. The plan year starts in April. 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
537 · prior year 552
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Gold Medal Bakery, Inc. Welfare Wrap Plan, plan 502 (537 participants)
Stop-loss carrier
Blue Cross Blue Shield of Massachusetts, Inc.
Broker compensation
$59K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross Blue Shield of Massachusetts, Inc.Stop-loss808$747K—
Hartford Life and AccidentLife, Short-term disability, Long-term disability504$272K$59K
Altus Dental Insurance Company, Inc.Dental869$264K—
Eyemed Vision CareVision748$56K—

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 537 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$82K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$30K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Gold Medal Bakery, Inc.
Sponsor EIN
04-2074311
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-2074311 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gold Medal Bakery, Inc. Employees Supplemental Income Plan
Type
401(k) plan
Participants
811

About this data

Source: Gold Medal Bakery, 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 Gold Medal Bakery, Inc..

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