Riceland Foods, Inc.

Stuttgart, AR ManufacturingNAICS 311200

Self-funded health planPlan year 2025Renews April
1,711Participants-10% vs. prior year
$4.1MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#2 of 13Manufacturing in ARBy participants

Overview

Riceland Foods, Inc. sponsors a self-funded health plan that covered 1,711 participants in plan year 2025, down 10% from the prior year. The plan year starts in April. 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
1,711 · prior year 1,902
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Riceland Foods, Inc. Group Insurance Plan, plan 501 (1,711 participants)
Stop-loss carrier
Blueadvantage Administrators of Arkansas; Siriuspoint America Insurance Company
Broker compensation
$649K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blueadvantage Administrators of ArkansasStop-loss1,425$20.4M—
Symetra Life Insurance CompanyLife, Short-term disability, Long-term disability1,588$2.4M$473K
Arkansas Blue Cross and Blue ShieldVision, Dental3,051$844K$37K
Siriuspoint America Insurance CompanyStop-loss1,467$528K—
Medical Air Services Association, Inc.Medical Transportation Insurance1,474$152K$38K

Pharmacy benefit estimate

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

$4.1M/ year

Estimated prescription spend: 1,711 participants × $2,371 national average per member. Usually higher once dependents are counted.

$105K–$260K/ year

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

Brands with a generic available$31K–$77K
Lower-cost therapeutic alternatives$45K–$94K
Generic pricing vs. actual cost$19K–$58K
PBM contract terms$10K–$30K
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
Riceland Foods, Inc.
Sponsor EIN
71-0578942
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0578942 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Riceland Foods, Inc. 401(k) Retirement Plan
Type
401(k) plan
Participants
2,290

About this data

Source: Riceland Foods, 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 Riceland Foods, Inc..

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