The Pictsweet Company

Bells, TN ManufacturingNAICS 311400

Self-funded health planPlan year 2025Renews March
738Participants-4% vs. prior year
$1.7MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#37 of 54Manufacturing in TNBy participants

Overview

The Pictsweet Company sponsors a self-funded health plan that covered 738 participants in plan year 2025, down 4% from the prior year. The plan year starts in March. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
738 · prior year 765
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
Group Life & Hospitalization Insurance for Salaried Employees, plan 501 (738 participants)
Broker compensation
$40K across insured contracts
MedicalLife insuranceDentalVisionLong-term disability

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyLife, Long-term disability1,161$364K$40K
Eyemed Vision CareVision784$36K—

Pharmacy benefit estimate

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

$1.7M/ year

Estimated prescription spend: 738 participants × $2,371 national average per member. Usually higher once dependents are counted.

$45K–$112K/ year

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

Brands with a generic available$13K–$33K
Lower-cost therapeutic alternatives$19K–$41K
Generic pricing vs. actual cost$8K–$25K
PBM contract terms$4K–$13K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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 Pictsweet Company
Sponsor EIN
74-1264568
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 74-1264568 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
The Pictsweet Company 401(k) Retirement Plan
Type
401(k) plan
Participants
1,262

About this data

Source: The Pictsweet 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 Pictsweet Company.

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