Herr Foods, Inc.

Nottingham, PA ManufacturingNAICS 311900

Self-funded health planPlan year 2024Renews September
1,438ParticipantsFirst year on file
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Sep 2027Next renewalPlan year begins September 1
#45 of 105Manufacturing in PABy participants

Overview

Herr Foods, Inc. sponsors a self-funded health plan that covered 1,438 participants in plan year 2024. The plan year starts in September. 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
1,438
Plan year
Begins September 1 · next renewal September 2027
Health plans filed
Herr Foods, Inc. Employee Health Benefits Plan, plan 501 (1,438 participants)
Broker compensation
$130K 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
Hartford Life and AccidentLife, Long-term disability1,437$905K$130K
Delta Dental of PennsylvaniaDental1,121$570K—
Vision Service PlanVision1,017$180K—
Magellan HealthcareEmployee Assistance Program (EAP)1,651$24K—

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,438 participants × $2,371 national average per member. Usually higher once dependents are counted.

$89K–$219K/ year

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

Brands with a generic available$26K–$65K
Lower-cost therapeutic alternatives$38K–$79K
Generic pricing vs. actual cost$16K–$49K
PBM contract terms$9K–$26K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning September 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
Herr Foods, Inc.
Sponsor EIN
23-1598830
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-1598830 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Herr Foods Inc. Retirement Plan
Type
401(k) plan
Participants
2,414

About this data

Source: Herr Foods, 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 Herr Foods, Inc..

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