Papa John's International, Inc.

Louisville, KY Holding companiesNAICS 551112

Self-funded health planPlan year 2025Renews January
3,447ParticipantsPrior year not comparable
$8.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 4Holding companies in KYBy participants

Overview

Papa John's International, Inc. sponsors a self-funded health plan that covered 3,447 participants in plan year 2025. 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
3,447 · prior year 399
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Papa Johns International, Inc. Health and Welfare Plan, plan 501 (3,447 participants)
Broker compensation
$264K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability2,388$1.7M$60K
Delta Dental of KentuckyDental, PPO3,298$876K—
Blue Cross Blue Shield Healthcare Plan of Georgia, Inc.Dental, Vision, PPO3,453$488K$5K
Metropolitan Life Insurance CompanyCritical Illness, Hospital, Accident2,018$464K$168K
Symetra Life Insurance CompanyAccident, Critical Illness, Hospital261$228K$24K
MetLife Legal PlansLegal296$54K$6K
National Union Fire Insurance Company of Pittsburgh, PABusiness Travel Accident2,388$9K$1K

Pharmacy benefit estimate

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

$8.2M/ year

Estimated prescription spend: 3,447 participants × $2,371 national average per member. Usually higher once dependents are counted.

$212K–$524K/ year

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

Brands with a generic available$62K–$155K
Lower-cost therapeutic alternatives$91K–$190K
Generic pricing vs. actual cost$39K–$118K
PBM contract terms$20K–$61K
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
Papa John's International, Inc.
Sponsor EIN
61-1203323
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 61-1203323 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Papa John's International, Inc. 401(k) Plan
Type
401(k) plan
Participants
8,294

About this data

Source: Papa John's International, 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 Papa John's International, Inc..

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