Gossner Foods

Logan, UT ManufacturingNAICS 311500

Self-funded health planPlan year 2024Renews October
1,064ParticipantsFirst year on file
$2.5MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#8 of 16Manufacturing in UTBy participants

Overview

Gossner Foods sponsors a self-funded health plan that covered 1,064 participants in plan year 2024. The plan year starts in October. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,064
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Gossner Foods, Inc. Health Benefit Plan, plan 502 (1,064 participants)
Broker compensation
$84K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Long-term disability1,057$411K$77K
United Healthcare Insurance CompanyOrgan Transplant1,104$68K$7K

Pharmacy benefit estimate

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

$2.5M/ year

Estimated prescription spend: 1,064 participants × $2,371 national average per member. Usually higher once dependents are counted.

$66K–$162K/ year

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

Brands with a generic available$19K–$48K
Lower-cost therapeutic alternatives$28K–$59K
Generic pricing vs. actual cost$12K–$36K
PBM contract terms$6K–$19K
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 2024
Plan sponsor
Gossner Foods
Sponsor EIN
87-0218472
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-0218472 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Gossner Foods 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
650

About this data

Source: Gossner Foods'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 Gossner Foods.

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