Sanderson Farms, LLC
Overview
Sanderson Farms, LLC sponsors a self-funded health plan that covered 6,171 participants in plan year 2024. The plan year starts in November. Alongside medical, its benefits filing reports dental, vision, short-term disability, death benefits.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 6,171
- Plan year
- Begins November 1 · next renewal November 2027
- Health plans filed
- Sanderson Farms, LLC Texas Injury Benefit Plan, plan 505 (6,171 participants); Sanderson Farms, Inc. and Affiliates Welfare Benefit Plan, plan 506 (0 participants)
- Stop-loss carrier
- HM Life Insurance Company
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| HM Life Insurance Company | Stop-loss | 11,746 | $2.8M | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 6,171 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2024
- Plan sponsor
- Sanderson Farms, LLC
- Sponsor EIN
- 64-0615843
- Plan numbers
- 505, 506
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 64-0615843 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Sanderson Farms, LLC'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 Sanderson Farms, LLC.