Heartland Catfish Company, Inc.

Itta Bena, MS ManufacturingNAICS 311710

Self-funded health planPlan year 2024Renews August
509ParticipantsFirst year on file
$1.2MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#12 of 12Manufacturing in MSBy participants

Overview

Heartland Catfish Company, Inc. sponsors a self-funded health plan that covered 509 participants in plan year 2024. The plan year starts in August. 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
509
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Heartland Catfish Company, Inc. Pretax Benefit Plan, plan 501 (509 participants)
Broker compensation
$27K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Ameritas Life Insurance Corp.Dental, Vision772$152K$18K
Sun Life Assurance Company of CanadaLife, Long-term disability509$71K$7K
Zurich American Insurance CompanyAccidental Death and Dismemberment97$13K$2K

Pharmacy benefit estimate

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

$1.2M/ year

Estimated prescription spend: 509 participants × $2,371 national average per member. Usually higher once dependents are counted.

$31K–$77K/ year

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

Brands with a generic available$9K–$23K
Lower-cost therapeutic alternatives$13K–$28K
Generic pricing vs. actual cost$6K–$17K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 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
Heartland Catfish Company, Inc.
Sponsor EIN
64-0784239
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 64-0784239 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Heartland Catfish/tackett Farms 401(k) Plan
Type
401(k) plan
Participants
526

About this data

Source: Heartland Catfish Company, Inc.'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 Heartland Catfish Company, Inc..

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