Mckee Foods Corporation

Collegedale, TN ManufacturingNAICS 311300

Self-funded health planPlan year 2025Renews January
6,857Participants+12% vs. prior year
$16.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 54Manufacturing in TNBy participants

Overview

Mckee Foods Corporation sponsors a self-funded health plan that covered 6,857 participants in plan year 2025, up 12% 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
6,857 · prior year 6,112
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mckee Foods Corporation Employees Health and Supplemental Benefits Plan, plan 501 (6,857 participants)
Broker compensation
$1.5M 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
Reliance Standard Life Insurance CompanyLife, Accidental Death and Dismemberment, Long-term disability, Short-term disability5,925$7.1M$597K
American Heritage Life Insurance CompanyCritical Illness, Accident, Hospital Indemnity3,004$2.2M$942K
Fidelity Security Life Insurance CompanyVision4,966$1.1M—

Pharmacy benefit estimate

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

$16.3M/ year

Estimated prescription spend: 6,857 participants × $2,371 national average per member. Usually higher once dependents are counted.

$423K–$1.0M/ year

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

Brands with a generic available$124K–$309K
Lower-cost therapeutic alternatives$180K–$377K
Generic pricing vs. actual cost$78K–$234K
PBM contract terms$41K–$122K
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
Mckee Foods Corporation
Sponsor EIN
62-0450611
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-0450611 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Mckee Foods 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 Mckee Foods Corporation.

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