Perfection Bakeries Inc.

Fort Wayne, IN ManufacturingNAICS 311800

Self-funded health planPlan year 2025Renews January
1,175Participants0% vs. prior year
$2.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#47 of 93Manufacturing in INBy participants

Overview

Perfection Bakeries Inc. sponsors a self-funded health plan that covered 1,175 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
1,175 · prior year 1,175
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Perfection Bakeries, Inc. Welfare Benefit Plan, plan 520 (1,175 participants)
Broker compensation
$75K 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
Sun Life Assurance Company of CanadaLife, Long-term disability1,133$409K$75K

Pharmacy benefit estimate

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

$2.8M/ year

Estimated prescription spend: 1,175 participants × $2,371 national average per member. Usually higher once dependents are counted.

$72K–$179K/ year

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

Brands with a generic available$21K–$53K
Lower-cost therapeutic alternatives$31K–$65K
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
Perfection Bakeries Inc.
Sponsor EIN
35-0577170
Plan number
520
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 35-0577170 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Aunt Millie's Bakeries 401(k) Savings Plan
Type
401(k) plan
Participants
1,466

About this data

Source: Perfection Bakeries 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 Perfection Bakeries Inc..

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