Swire Pacific Holdings Inc. and ITS Affiliates

Draper, UT ManufacturingNAICS 312110

Self-funded health planPlan year 2025Renews January
6,950Participants+0% vs. prior year
$16.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 16Manufacturing in UTBy participants

Overview

Swire Pacific Holdings Inc. and ITS Affiliates sponsors a self-funded health plan that covered 6,950 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
6,950 · prior year 6,943
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Swire Pacific Holdings Inc. Active Non-Union Employees Health and Welfare Benefit Plan, plan 505 (6,950 participants); Swire Pacific Holdings Inc. Union Health and Welfare Benefit Plan, plan 506 (1,229 participants)
Broker compensation
$1.8M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Standard Insurance CompanyLife, Short-term disability, Long-term disability7,915$6.8M$1.3M
Continental American Insurance CompanyAccident, Critical Illness, Hospital3,354$1.1M$406K
Vision Service PlanVision4,622$685K$69K
Metropolitan General Insurance CompanyLegal1,100$223K$28K

Pharmacy benefit estimate

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

$16.5M/ year

Estimated prescription spend: 6,950 participants × $2,371 national average per member. Usually higher once dependents are counted.

$428K–$1.1M/ year

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

Brands with a generic available$125K–$313K
Lower-cost therapeutic alternatives$183K–$382K
Generic pricing vs. actual cost$79K–$237K
PBM contract terms$41K–$124K
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
Swire Pacific Holdings Inc. and ITS Affiliates
Sponsor EIN
87-0424812
Plan numbers
505, 506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 87-0424812 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Swire Coca-Cola 401(k) Plan
Type
401(k) plan
Participants
9,091

About this data

Source: Swire Pacific Holdings Inc. and ITS Affiliates'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 Swire Pacific Holdings Inc. and ITS Affiliates.

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