Midwest Poultry Services, L.P.
Overview
Midwest Poultry Services, L.P. sponsors a self-funded health plan that covered 705 participants in plan year 2024. The plan year starts in March. Alongside medical, its benefits filing reports life insurance, short-term disability, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 705
- Plan year
- Begins March 1 · next renewal March 2027
- Health plans filed
- Strauss Health & Benefit Plan, plan 501 (705 participants)
- Stop-loss carrier
- HCC Life Insurance Company
- Broker compensation
- $59K 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 |
|---|---|---|---|---|
| Companion Life Insurance Company | Medical | 439 | $902K | $45K |
| HCC Life Insurance Company | Stop-loss | 439 | $67K | $3K |
| Lincoln Financial Group | Life, Long-term disability | 1,013 | $45K | $11K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 705 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 2024
- Plan sponsor
- Midwest Poultry Services, L.P.
- Sponsor EIN
- 35-1906283
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 35-1906283 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- MPS Egg Farms 401(k) Savings Plan and Trust
- Type
- 401(k) plan
- Participants
- 697
About this data
Source: Midwest Poultry Services, L.P.'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 Midwest Poultry Services, L.P..