Pitman Farms, Inc.

Sanger, CA AgricultureNAICS 112300

Self-funded health planPlan year 2025Renews April
3,250Participants+6% vs. prior year
$7.7MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#1 of 12Agriculture in CABy participants

Overview

Pitman Farms, Inc. sponsors a self-funded health plan that covered 3,250 participants in plan year 2025, up 6% from the prior year. The plan year starts in April. Alongside medical, its benefits filing reports life insurance, dental, vision, death benefits.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
3,250 · prior year 3,061
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Pitman Farms Welfare Benefit Plan, plan 501 (3,250 participants)
Broker compensation
$49K across insured contracts
MedicalLife insuranceDentalVisionDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Equitable Financial Life Insurance Company of AmericaLife3,250$224K$41K
Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co.Vision3,006$97K$8K

Pharmacy benefit estimate

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

$7.7M/ year

Estimated prescription spend: 3,250 participants × $2,371 national average per member. Usually higher once dependents are counted.

$200K–$494K/ year

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

Brands with a generic available$59K–$146K
Lower-cost therapeutic alternatives$86K–$179K
Generic pricing vs. actual cost$37K–$111K
PBM contract terms$19K–$58K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Pitman Farms, Inc.
Sponsor EIN
94-2227381
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 94-2227381 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Pitman Farms, Inc. 401k Retirement Plan
Type
401(k) plan
Participants
2,395

About this data

Source: Pitman Farms, 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 Pitman Farms, Inc..

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