Masters Gallery Foods, Inc.

Plymouth, WI ManufacturingNAICS 311500

Self-funded health planPlan year 2025Renews January
1,123Participants+13% vs. prior year
$2.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#47 of 95Manufacturing in WIBy participants

Overview

Masters Gallery Foods, Inc. sponsors a self-funded health plan that covered 1,123 participants in plan year 2025, up 13% 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
1,123 · prior year 991
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Masters Gallery Foods, Inc. Employee Benefits Plan, plan 502 (1,123 participants); Masters Gallery Foods, Inc. Flexible Compensation Plan, plan 505 (254 participants)
Stop-loss carrier
Berkley Life and Health Insurance Co.
Broker compensation
$172K 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
Berkley Life and Health Insurance Co.Stop-loss737$802K—
United of Omaha Life Insurance CompanyLong-term disability, Life, Short-term disability, Critical Illness, Accident1,002$729K$156K
Tokio Marine HCCOrgan Transplant756$162K—
Wyssta Insurance Company Inc.Vision755$130K$11K
Humana Insurance CompanyDental, Life157$65K$5K

Pharmacy benefit estimate

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

$2.7M/ year

Estimated prescription spend: 1,123 participants × $2,371 national average per member. Usually higher once dependents are counted.

$69K–$171K/ year

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

Brands with a generic available$20K–$51K
Lower-cost therapeutic alternatives$30K–$62K
Generic pricing vs. actual cost$13K–$38K
PBM contract terms$7K–$20K
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
Masters Gallery Foods, Inc.
Sponsor EIN
39-1036619
Plan numbers
502, 505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1036619 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Masters Gallery Foods, Inc. Retirement Savings Plan
Type
401(k) plan
Participants
1,486

About this data

Source: Masters Gallery Foods, 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 Masters Gallery Foods, Inc..

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