Silgan Plastics, LLC

Chesterfield, MO ManufacturingNAICS 326100

Self-funded health planPlan year 2025Renews January
1,528Participants+4% vs. prior year
$3.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#15 of 46Manufacturing in MOBy participants

Overview

Silgan Plastics, LLC sponsors a self-funded health plan that covered 1,528 participants in plan year 2025, up 4% 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
1,528 · prior year 1,467
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Silgan Plastics Welfare Plan, plan 502 (1,528 participants); Silgan Plastics LLC Retiree Health Plan, plan 504 (280 participants)
Stop-loss carrier
Anthem Blue Cross Life and Health Insurance Company; Blue Cross of California
Broker compensation
$94K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross of CaliforniaMedical, Stop-loss3,375$1.3M—
Metropolitan Life Insurance CompanyLife, Vision, Long-term disability1,453$943K$35K
Reliastar Life Insurance CompanyAccident, Critical Illness and Hospital 4,623$412K$58K
Anthem Blue Cross Life and Health Insurance CompanyStop-loss370$115K—
MetLife Legal PlansLegal68$15K$2K

Pharmacy benefit estimate

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

$3.6M/ year

Estimated prescription spend: 1,528 participants × $2,371 national average per member. Usually higher once dependents are counted.

$94K–$232K/ year

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

Brands with a generic available$28K–$69K
Lower-cost therapeutic alternatives$40K–$84K
Generic pricing vs. actual cost$17K–$52K
PBM contract terms$9K–$27K
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
Silgan Plastics, LLC
Sponsor EIN
38-3793128
Plan numbers
502, 504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-3793128 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Plastics Retirement Savings Plan for Hourly Employees
Type
401(k) plan
Participants
1,506

About this data

Source: Silgan Plastics, LLC'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 Plastics, LLC.

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