Ring Container Technologies, Inc.

Oakland, TN ManufacturingNAICS 326100

Self-funded health planPlan year 2025Renews January
820Participants+4% vs. prior year
$1.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#34 of 54Manufacturing in TNBy participants

Overview

Ring Container Technologies, Inc. sponsors a self-funded health plan that covered 820 participants in plan year 2025, up 4% 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
820 · prior year 792
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ring Container Technologies LLC Welfare Benefit Plan, plan 503 (820 participants)
Broker compensation
$167K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability820$905K$157K
Metropolitan Life Insurance CompanyVision1,221$92K$9K

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 820 participants × $2,371 national average per member. Usually higher once dependents are counted.

$51K–$125K/ year

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

Brands with a generic available$15K–$37K
Lower-cost therapeutic alternatives$22K–$45K
Generic pricing vs. actual cost$9K–$28K
PBM contract terms$5K–$15K
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
Ring Container Technologies, Inc.
Sponsor EIN
62-0810208
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 62-0810208 in the Department of Labor's EFAST2 Form 5500 search.

About this data

Source: Ring Container Technologies, 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 Ring Container Technologies, Inc..

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