The Campbell's Company

Camden, NJ ManufacturingNAICS 311900

Self-funded health planPlan year 2025Renews January
5,663Participants-4% vs. prior year
$13.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 76Manufacturing in NJBy participants

Overview

The Campbell's Company sponsors a self-funded health plan that covered 5,663 participants in plan year 2025, down 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
5,663 · prior year 5,896
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Campbell Soup Company Retiree Medical Plan, plan 514 (5,663 participants); Campbell Soup Company Medical Settlement Plan for the Retiree Class, plan 511 (768 participants)
Broker compensation
$2.5M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyDisability Insurance, Hospital Indemnity, Accident, Critical Illness, Long-term disability, Life15,839$8.0M$1.6M
Hartford Life and AccidentLong-term disability13,586$3.7M$502K
Securian Life Insurance CompanyLife19,903$2.5M$310K
Vision Service PlanVision9,789$1.3M—
MetLife Legal PlansLegal1,807$378K$41K
National Union Fire Ins. Co. of Pittsburgh, PAAccidental Death and Dismemberment13,586$36K$9K

Pharmacy benefit estimate

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

$13.4M/ year

Estimated prescription spend: 5,663 participants × $2,371 national average per member. Usually higher once dependents are counted.

$349K–$861K/ year

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

Brands with a generic available$102K–$255K
Lower-cost therapeutic alternatives$149K–$312K
Generic pricing vs. actual cost$64K–$193K
PBM contract terms$34K–$101K
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
The Campbell's Company
Sponsor EIN
21-0419870
Plan numbers
514, 511
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 21-0419870 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Campbell's Company 401(k) Retirement Plan
Type
401(k) plan
Participants
19,864

About this data

Source: The Campbell's Company'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 The Campbell's Company.

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