Rio Tinto America Inc.

South Jordan, UT Mining & energyNAICS 212200

Self-funded health planPlan year 2025Renews January
2,588Participants0% vs. prior year
$6.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 4Mining & energy in UTBy participants

Overview

Rio Tinto America Inc. sponsors a self-funded health plan that covered 2,588 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,588 · prior year 2,593
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Rio Tinto America Inc. Health & Welfare Benefits Wrap Plan for Retirees, plan 581 (2,588 participants)
Broker compensation
$79K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilitySeveranceOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Long-term disability3,470$2.7M$52K
Kaiser Foundation Health Plan Inc.Medical, Prescription drug, HMO198$1.4M—
Vision Service PlanVision1,407$116K$12K
Aetna Life Insurance Co.Vision1,132$86K$9K
Eyemed Vision CareVision611$62K$6K
ComPsych CorporationEmployee Assistance Program1,534$35K—

Pharmacy benefit estimate

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

$6.1M/ year

Estimated prescription spend: 2,588 participants × $2,371 national average per member. Usually higher once dependents are counted.

$160K–$393K/ year

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

Brands with a generic available$47K–$117K
Lower-cost therapeutic alternatives$68K–$142K
Generic pricing vs. actual cost$29K–$88K
PBM contract terms$15K–$46K
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
Rio Tinto America Inc.
Sponsor EIN
11-3359689
Plan number
581
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 11-3359689 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Rio Tinto America Inc. Retirement Plan
Type
Pension plan
Participants
7,443

About this data

Source: Rio Tinto America 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 Rio Tinto America Inc..

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