Olam Americas Inc.

Fresno, CA ManufacturingNAICS 313000

Self-funded health planPlan year 2025Renews January
2,354Participants+18% vs. prior year
$5.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#19 of 61Manufacturing in CABy participants

Overview

Olam Americas Inc. sponsors a self-funded health plan that covered 2,354 participants in plan year 2025, up 18% from 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
2,354 · prior year 2,004
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Olam Americas Inc. Employee Benefits Plan, plan 501 (2,354 participants)
Stop-loss carrier
QBE Insurance
Broker compensation
$348K 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
QBE InsuranceStop-loss, Excess Loss22,040$6.3M—
Reliastar Life Insurance CompanyLife, Short-term disability, Long-term disability2,530$2.4M$348K
Vision Service PlanVision1,563$210K—
Halcyon Behavioral, LLCEmployee Assistance Program3,654$69K—

Pharmacy benefit estimate

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

$5.6M/ year

Estimated prescription spend: 2,354 participants × $2,371 national average per member. Usually higher once dependents are counted.

$145K–$358K/ year

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

Brands with a generic available$42K–$106K
Lower-cost therapeutic alternatives$62K–$129K
Generic pricing vs. actual cost$27K–$80K
PBM contract terms$14K–$42K
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
Olam Americas Inc.
Sponsor EIN
11-3662046
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 11-3662046 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Olam America Employee Savings Plan
Type
401(k) plan
Participants
3,468

About this data

Source: Olam Americas 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 Olam Americas Inc..

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