Red Lobster Restaurants, LLC
Overview
Red Lobster Restaurants, LLC sponsors a self-funded health plan that covered 7,150 participants in plan year 2025, down 21% 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
- 7,150 · prior year 9,064
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Red Lobster Restaurants, LLC Health and Welfare Plan, plan 503 (7,150 participants)
- Stop-loss carrier
- Nationwide
- Broker compensation
- $740K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Blue Cross Blue Shield of Florida | Medical | 1,639 | $19.8M | $594K |
| United of Omaha Life Insurance Company | Life, Long-term disability | 1,657 | $1.4M | $96K |
| Delta Dental Insurance Company | Dental | 1,855 | $907K | $13K |
| Kaiser Foundation Health Plan, Inc. | Medical | 39 | $356K | — |
| Kaiser Foundation Health Plan Inc. | Medical | 36 | $327K | — |
| Ameritas | Dental, Vision | 573 | $228K | $23K |
| Kaiser Foundation Health Plan of Mid-Atlantic | Medical | 39 | $213K | — |
| Kaiser Foundation Health Plan of Georgia | Medical | 33 | $204K | — |
| Nationwide | Life, Stop-loss | 422 | $177K | $14K |
| Eyemed Vision Care | Vision | 1,964 | $175K | — |
| Kaiser Health Foundation of Hawaii | Medical | 31 | $167K | — |
| Crum & Forster | Accident | 63 | $2K | $146 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 7,150 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Red Lobster Restaurants, LLC
- Sponsor EIN
- 46-5134308
- Plan number
- 503
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 46-5134308 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Red Lobster 401(k) Employees Savings Plan
- Type
- 401(k) plan
- Participants
- 17,741
About this data
Source: Red Lobster Restaurants, 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 Red Lobster Restaurants, LLC.