Nebraska Beef, Ltd.

Omaha, NE ManufacturingNAICS 311610

Self-funded health planPlan year 2024Renews November
719ParticipantsFirst year on file
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#11 of 16Manufacturing in NEBy participants

Overview

Nebraska Beef, Ltd. sponsors a self-funded health plan that covered 719 participants in plan year 2024. The plan year starts in November. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
719
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
Nebraska Beef, Ltd. Benefit Plan, plan 508 (719 participants)
Broker compensation
$42K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Aetna Life Insurance CompanyAccident & Critical Illness538$133K$22K
Guardian Life Insurance CompanyLife, Long-term disability169$100K$13K
Vision Service PlanVision343$64K$6K

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 719 participants × $2,371 national average per member. Usually higher once dependents are counted.

$44K–$109K/ year

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

Brands with a generic available$13K–$32K
Lower-cost therapeutic alternatives$19K–$40K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 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
Nebraska Beef, Ltd.
Sponsor EIN
47-0780054
Plan number
508
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-0780054 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Nebraska Beef, Ltd 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,046

About this data

Source: Nebraska Beef, Ltd.'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 Nebraska Beef, Ltd..

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