Mt. Olive Pickle Company, Inc.

Mt. Olive, NC ManufacturingNAICS 311400

Self-funded health planPlan year 2025Renews January
1,171Participants-1% vs. prior year
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#39 of 85Manufacturing in NCBy participants

Overview

Mt. Olive Pickle Company, Inc. sponsors a self-funded health plan that covered 1,171 participants in plan year 2025, about the same as 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
1,171 · prior year 1,186
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mt. Olive Pickle Company, Inc. Group Insurance Plan for Employees, plan 501 (1,171 participants)
Broker compensation
$146K 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
Prudential Insurance Company of AmericaLife, Short-term disability, Long-term disability1,190$453K$107K
Delta Dental of North CarolinaDental981$362K$33K
Community Eye CareVision834$55K$6K
Hartford Life and AccidentBusiness Travel Accident1,171$2K—

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,171 participants × $2,371 national average per member. Usually higher once dependents are counted.

$72K–$178K/ year

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

Brands with a generic available$21K–$53K
Lower-cost therapeutic alternatives$31K–$64K
Generic pricing vs. actual cost$13K–$40K
PBM contract terms$7K–$21K
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
Mt. Olive Pickle Company, Inc.
Sponsor EIN
56-0331940
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 56-0331940 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Mt. Olive Pickle Company, 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 Mt. Olive Pickle Company, Inc..

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