Saputo Cheese USA Inc.

Milwaukee, WI ManufacturingNAICS 311500

Self-funded health planPlan year 2025Renews January
7,982Participants+0% vs. prior year
$18.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 95Manufacturing in WIBy participants

Overview

Saputo Cheese USA Inc. sponsors a self-funded health plan that covered 7,982 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, short-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
7,982 · prior year 7,955
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Saputo USA Benefits Plan, plan 503 (7,982 participants)
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
Securian Life Insurance CompanyLife10,116$2.6M—
Unum Life Insurance Company of AmericaLong-term disability2,014$1.3M—
Quartz Health Benefit Plans CorporationPrescription drug, HMO, PPO136$926K—
Vision Service PlanVision5,241$535K—
First Unum Life Insurance CompanyNew York Statutory330$146K—
ComPsychEmployee Assistance Program7,962$106K—

Pharmacy benefit estimate

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

$18.9M/ year

Estimated prescription spend: 7,982 participants × $2,371 national average per member. Usually higher once dependents are counted.

$492K–$1.2M/ year

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

Brands with a generic available$144K–$360K
Lower-cost therapeutic alternatives$210K–$439K
Generic pricing vs. actual cost$91K–$273K
PBM contract terms$47K–$142K
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
Saputo Cheese USA Inc.
Sponsor EIN
39-1629977
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 39-1629977 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Saputo USA 401(k) Plan
Type
401(k) plan
Participants
9,723

About this data

Source: Saputo Cheese USA 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 Saputo Cheese USA Inc..

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