Midwestern Pet Foods, Inc.

Evansville, IN ManufacturingNAICS 311110

Self-funded health planPlan year 2024Renews October
560ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Oct 2027Next renewalPlan year begins October 1
#85 of 93Manufacturing in INBy participants

Overview

Midwestern Pet Foods, Inc. sponsors a self-funded health plan that covered 560 participants in plan year 2024. The plan year starts in October. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
560
Plan year
Begins October 1 · next renewal October 2027
Health plans filed
Midwestern Pet Foods, Inc. Group Health Plans, plan 501 (560 participants)
Stop-loss carrier
Berkley Life & Health Ins Co.
Broker compensation
$43K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityOther welfare benefits

Insurance carriers

Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.

CarrierCoverageCoveredPremiumBroker comp
Berkley Life & Health Ins Co.Stop-loss560$435K—
United of Omaha Life Insurance CompanyAccident Only Voluntary, Life, Long-term disability, Short-term disability396$226K$31K
Health Resources Inc.Dental158$40K$4K
Standard Insurance CompanyVision253$37K$3K
United of Omaha LFE Insurance CompanyCritical Illness Voluntary129$24K$5K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 560 participants × $2,371 national average per member. Usually higher once dependents are counted.

$35K–$85K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning October 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
Midwestern Pet Foods, Inc.
Sponsor EIN
35-1058442
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-1058442 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Midwestern Pet Food, Inc. 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
517

About this data

Source: Midwestern Pet 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 Midwestern Pet Foods, Inc..

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