Pepsi Bottling Ventures LLC

Raleigh, NC ManufacturingNAICS 312110

Self-funded health planPlan year 2025Renews January
3,133Participants+1% vs. prior year
$7.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#16 of 85Manufacturing in NCBy participants

Overview

Pepsi Bottling Ventures LLC sponsors a self-funded health plan that covered 3,133 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
3,133 · prior year 3,111
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Pepsi Bottling Ventures LLC Employee Benefit Plan, plan 501 (3,133 participants)
Broker compensation
$346K 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
Sun Life Assurance Company of CanadaLife, Long-term disability3,109$1.5M$219K
Unum Insurance CompanyGroup Accident, Specified Disease, Hospital EE Paid982$366K$95K
Fidelity Security Life Insurance CompanyVision3,471$228K$27K
MetLife Legal PlansLegal776$163K—
Teladoc Health, Inc.Teladoc3,016$106K$1K
ComPsychEAP3,005$48K—

Pharmacy benefit estimate

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

$7.4M/ year

Estimated prescription spend: 3,133 participants × $2,371 national average per member. Usually higher once dependents are counted.

$193K–$476K/ year

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

Brands with a generic available$56K–$141K
Lower-cost therapeutic alternatives$82K–$172K
Generic pricing vs. actual cost$36K–$107K
PBM contract terms$19K–$56K
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
Pepsi Bottling Ventures LLC
Sponsor EIN
22-3657794
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-3657794 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Pepsi Bottling Ventures 401(k) Plan
Type
401(k) plan
Participants
3,929

About this data

Source: Pepsi Bottling Ventures LLC'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 Pepsi Bottling Ventures LLC.

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