Akima, LLC
Overview
Akima, LLC sponsors a self-funded health plan that covered 9,805 participants in plan year 2025. 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
- 9,805 · prior year 4,647
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Akima, LLC Unfunded Health and Welfare Benefits Wrap Plan, plan 502 (9,805 participants)
- Stop-loss carrier
- Symetra Life Insurance Company
- Broker compensation
- $1.2M across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Cigna Health and Life Insurance Company | Medical, MBA | 516 | $5.4M | $190K |
| Prudential Insurance Company of America | Life, Short-term disability, Long-term disability, Paid Leave | 8,388 | $5.1M | $188K |
| Delta Dental of North Carolina | Dental | 8,991 | $3.7M | — |
| Symetra Life Insurance Company | Stop-loss | 4,330 | $3.3M | $191K |
| Cigna Health & Life Insurance Company | Medical, Dental | 518 | $2.3M | $234K |
| Highmark Western and Northeastern New York Inc. | Medical, Prescription drug | 90 | $1.1M | $33K |
| Medical Mutual | Medical, Prescription drug, Vision | 99 | $756K | $254K |
| Vision Service Plan (VSP) | Vision | 4,110 | $481K | — |
| Guardian | Dental, Vision, Life, Short-term disability | 375 | $441K | $48K |
| Lincoln National Life | Long-term disability, Short-term disability | 271 | $294K | $63K |
| Metropolitan General Insurance Company | Legal | 933 | $212K | $22K |
| Reliastar Life Insurance Company | Life, Short-term disability, Long-term disability | 117 | $82K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 9,805 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Akima, LLC
- Sponsor EIN
- 27-0072039
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 27-0072039 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Akima, LLC 401(k) Plan
- Type
- 401(k) plan
- Participants
- 14,698
About this data
Source: Akima, 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 Akima, LLC.