Rio Grande Pacific Corporation, Inc.

Fort Worth, TX Transportation & logisticsNAICS 482110

Self-funded health planPlan year 2024Renews April
556ParticipantsFirst year on file
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#23 of 27Transportation & logistics in TXBy participants

Overview

Rio Grande Pacific Corporation, Inc. sponsors a self-funded health plan that covered 556 participants in plan year 2024. The plan year starts in April. Alongside medical, its benefits filing reports life insurance, dental, short-term disability, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
556
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Rio Grande Pacific Corporation Inc. Welfare Benefit Plan, plan 501 (556 participants)
Stop-loss carrier
Cigna Health and Life Insurance Company
Broker compensation
$223K across insured contracts
MedicalLife insuranceDentalShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance CompanyMedical, Stop-loss, Dental556$1.3M$207K
GuardianLife, Long-term disability332$114K$16K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 556 participants × $2,371 national average per member. Usually higher once dependents are counted.

$34K–$85K/ year

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

Brands with a generic available$10K–$25K
Lower-cost therapeutic alternatives$15K–$31K
Generic pricing vs. actual cost$6K–$19K
PBM contract terms$3K–$10K
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 2024
Plan sponsor
Rio Grande Pacific Corporation, Inc.
Sponsor EIN
75-2296427
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 75-2296427 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Rio Grande Pacific Corporation Profit Sharing Plan
Type
Defined contribution plan
Participants
289

About this data

Source: Rio Grande Pacific Corporation, Inc.'s Form 5500 filing for plan year 2024 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 Rio Grande Pacific Corporation, Inc..

Request a correction · Methodology