Greater Omaha Packing Co., Inc.

Omaha, NE ManufacturingNAICS 311610

Self-funded health planPlan year 2025Renews January
1,562Participants+4% vs. prior year
$3.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 16Manufacturing in NEBy participants

Overview

Greater Omaha Packing Co., Inc. sponsors a self-funded health plan that covered 1,562 participants in plan year 2025, up 4% from the prior year. The plan year starts in January. 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
1,562 · prior year 1,507
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Greater Omaha Packing Co., Inc. Employee Welfare Benefits Plan, plan 502 (1,562 participants)
Broker compensation
$229K across insured contracts
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
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital1,505$497K$173K
Metropolitan Life Insurance CompanyLife, Long-term disability1,758$309K$41K
Ameritas Life Insurance CorporationVision1,542$139K$15K
Nebraska Methodist Health System Inc. D/b/a Bestcare EAPEmployee Assistance Program1,598$19K—

Pharmacy benefit estimate

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

$3.7M/ year

Estimated prescription spend: 1,562 participants × $2,371 national average per member. Usually higher once dependents are counted.

$96K–$237K/ year

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

Brands with a generic available$28K–$70K
Lower-cost therapeutic alternatives$41K–$86K
Generic pricing vs. actual cost$18K–$53K
PBM contract terms$9K–$28K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 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
Greater Omaha Packing Co., Inc.
Sponsor EIN
47-0424147
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-0424147 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Greater Omaha Packing Co., Inc. 401(k) Savings Plan
Type
401(k) plan
Participants
1,795

About this data

Source: Greater Omaha Packing Co., 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 Greater Omaha Packing Co., Inc..

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