Silgan Containers Manufacturing Corporation
Overview
Silgan Containers Manufacturing Corporation sponsors a self-funded health plan that covered 3,680 participants in plan year 2025, down 23% 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
- 3,680 · prior year 4,761
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Silgan Containers Manufacturing Corporation Flexible Benefits Plan, plan 502 (3,680 participants)
- Broker compensation
- $363K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life, Vision, Long-term disability, Short-term disability | 4,443 | $4.7M | $256K |
| Kaiser Foundation Health Plan, Inc. | Medical, Prescription drug, HMO | 350 | $1.7M | $44K |
| Reliastar Life Insurance Company | Accident, Critical Illness, Hospital | 2,333 | $412K | $58K |
| MetLife Legal Plans | Legal | 279 | $55K | $5K |
| Anthem Blue Cross Life and Health Insurance Company | Employee Assistance Program | 4,865 | $52K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 3,680 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 2025
- Plan sponsor
- Silgan Containers Manufacturing Corporation
- Sponsor EIN
- 06-1502009
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 06-1502009 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Silgan Retirement Savings Plan for Hourly Employees
- Type
- 401(k) plan
- Participants
- 5,989
About this data
Source: Silgan Containers Manufacturing Corporation'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 Silgan Containers Manufacturing Corporation.