Hood Packaging Corporation
Overview
Hood Packaging Corporation sponsors a self-funded health plan that covered 1,572 participants in plan year 2025, up 5% 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
- 1,572 · prior year 1,501
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Hood Packaging Corporation Welfare Plan for Hourly & Salaried Employees, plan 501 (1,572 participants)
- Broker compensation
- $99K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Sun Life Assurance Company of Canada | Life, Short-term disability, Long-term disability | 1,503 | $1.2M | $24K |
| Delta Dental Insurance Company | Dental | 2,267 | $742K | $48K |
| Starmount Life Insurance Company | Vision | 983 | $131K | $17K |
| Ace American Insurance Company | AD&D | 430 | $29K | $6K |
| AIG Insurance Company of Canada | Business Travel AD&D | 1,580 | $27K | $4K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,572 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Hood Packaging Corporation
- Sponsor EIN
- 36-2891497
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 36-2891497 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Hood Packaging Corporation Savings Plan
- Type
- 401(k) plan
- Participants
- 1,758
About this data
Source: Hood Packaging Corporation'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 Hood Packaging Corporation.