Westrock Company

Atlanta, GA ManufacturingNAICS 322100

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
40,605Participants-4% vs. prior year
$96.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 82Manufacturing in GABy participants

Overview

Westrock Company sponsors a self-funded health plan that covered 40,605 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
40,605 · prior year 42,174
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
The Westrock Company Group Benefit Plan, plan 501 (40,605 participants)
Stop-loss carrier
Blue Cross and Blue Shield of Georgia, Inc.
Broker compensation
$1.9M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife39,715$24.9M$364K
Life Insurance Company of North AmericaLong-term disability, Short-term disability20,700$7.0M$14K
Kaiser Foundation Health Plan of the NorthwestMedical857$5.3M—
Blue Cross and Blue Shield of Georgia, Inc.Stop-loss49,652$4.3M—
Vision Service PlanVision22,207$4.1M$41K
Metropolitan Life Insurance CompanyShort-term disability, Medical11,204$2.8M$1.5M
Kaiser Foundation Health Plan, Inc.Medical192$1.4M—
New York Life Group Insurance Company of New YorkStatutory Disability955$499K$3K
Blue Cross and Blue Shield of AlabamaDental213$14K—
Delta Dental Insurance CompanyDental52,405——

Pharmacy benefit estimate

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

$96.3M/ year

Estimated prescription spend: 40,605 participants × $2,371 national average per member. Usually higher once dependents are counted.

$2.5M–$6.2M/ year

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

Brands with a generic available$732K–$1.8M
Lower-cost therapeutic alternatives$1.1M–$2.2M
Generic pricing vs. actual cost$462K–$1.4M
PBM contract terms$241K–$722K
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
Westrock Company
Sponsor EIN
47-3335141
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-3335141 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Westrock Company 401(k) Retirement Savings Plan
Type
401(k) plan
Participants
45,283

About this data

Source: Westrock 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 Westrock Company.

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