Mitchell Grocery Corp.

Albertville, AL Wholesale tradeNAICS 424400

Self-funded health planPlan year 2024Renews July
992ParticipantsFirst year on file
$2.4MEst. pharmacy spend / yrParticipants × national avg.
Jul 2027Next renewalPlan year begins July 1
#2 of 5Wholesale trade in ALBy participants

Overview

Mitchell Grocery Corp. sponsors a self-funded health plan that covered 992 participants in plan year 2024. The plan year starts in July. 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
992
Plan year
Begins July 1 · next renewal July 2027
Health plans filed
Mitchell Grocery Corp. Group Health Care and Life, plan 501 (992 participants)
Broker compensation
$90K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyLong-term disability, Life, Short-term disability, Accident, Critical Illness456$412K$86K
Vision Service PlanVision309$40K$4K

Pharmacy benefit estimate

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

$2.4M/ year

Estimated prescription spend: 992 participants × $2,371 national average per member. Usually higher once dependents are counted.

$61K–$151K/ year

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

Brands with a generic available$18K–$45K
Lower-cost therapeutic alternatives$26K–$55K
Generic pricing vs. actual cost$11K–$34K
PBM contract terms$6K–$18K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning July 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
Mitchell Grocery Corp.
Sponsor EIN
63-0499227
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 63-0499227 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Mitchell Grocery Corporation Profit Sharing/401(k) Plan
Type
401(k) plan
Participants
1,032

About this data

Source: Mitchell Grocery Corp.'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 Mitchell Grocery Corp..

Request a correction · Methodology