Gordon Food Service, Inc. Voluntary Employee Benefit Plan

Grand Rapids, MI Wholesale tradeNAICS 424400

Self-funded health planPlan year 2024Renews November
10,814ParticipantsFirst year on file
$25.6MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#1 of 21Wholesale trade in MIBy participants

Overview

Gordon Food Service, Inc. Voluntary Employee Benefit Plan sponsors a self-funded health plan that covered 10,814 participants in plan year 2024. The plan year starts in November. 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
10,814
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
Gordon Food Service, Inc. Voluntary Employee Benefit Plan, plan 501 (10,814 participants)
Broker compensation
$60K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability12,136$5.6M$60K

Pharmacy benefit estimate

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

$25.6M/ year

Estimated prescription spend: 10,814 participants × $2,371 national average per member. Usually higher once dependents are counted.

$667K–$1.6M/ year

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

Brands with a generic available$195K–$487K
Lower-cost therapeutic alternatives$285K–$595K
Generic pricing vs. actual cost$123K–$369K
PBM contract terms$64K–$192K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 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
Gordon Food Service, Inc. Voluntary Employee Benefit Plan
Sponsor EIN
38-1249848
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-1249848 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gordon Food Service, Inc. Profit Sharing Plan
Type
401(k) plan
Participants
19,871

About this data

Source: Gordon Food Service, Inc. Voluntary Employee Benefit Plan'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 Gordon Food Service, Inc. Voluntary Employee Benefit Plan.

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