Rice Lake Weighing Systems Inc.

Rice Lake, WI ManufacturingNAICS 339900

Self-funded health planPlan year 2025Renews January
652Participants+3% vs. prior year
$1.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#80 of 95Manufacturing in WIBy participants

Overview

Rice Lake Weighing Systems Inc. sponsors a self-funded health plan that covered 652 participants in plan year 2025, up 3% 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
652 · prior year 631
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Rice Lake Weighing Systems Welfare Benefit Trust, plan 502 (652 participants)
Broker compensation
$82K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
United of Omaha Life Insurance CompanyLife, Critical Illness, Accident Only Voluntary, Long-term disability652$473K$67K
Delta Dental of WisconsinDental355$288K$3K
United of Omaha Life Insuance CompanyShort-term disability545$149K$11K
National Vision Administrators LLCVision425$40K—
Mutual of Omaha Insurance CompanyAD&D346$28K$2K

Pharmacy benefit estimate

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

$1.5M/ year

Estimated prescription spend: 652 participants × $2,371 national average per member. Usually higher once dependents are counted.

$40K–$99K/ year

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

Brands with a generic available$12K–$29K
Lower-cost therapeutic alternatives$17K–$36K
Generic pricing vs. actual cost$7K–$22K
PBM contract terms$4K–$12K
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
Rice Lake Weighing Systems Inc.
Sponsor EIN
39-1145543
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1145543 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Rice Lake Weighing Systems Investing in Your Future
Type
401(k) plan
Participants
901

About this data

Source: Rice Lake Weighing Systems 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 Rice Lake Weighing Systems Inc..

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