Allegro Microsystems, LLC
Overview
Allegro Microsystems, LLC sponsors a self-funded health plan that covered 622 participants in plan year 2025, down 10% 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
- 622 · prior year 687
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Allegro Microsystems, LLC Employees Health and Welfare Plan, plan 501 (622 participants)
- Broker compensation
- $25K 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 |
|---|---|---|---|---|
| Reliance Standard Life Insurance Company | Life, Long-term disability | 533 | $291K | $16K |
| Anthem Health Plans of New Hampshire, Inc. (g1820) | Accident, Critical Illness | 475 | $61K | $939 |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 929 | $49K | $1K |
| Arag Services, LLC | Legal | 144 | $22K | $2K |
| Ace American Insurance Company | Business Travel Accident (AD&D) | 533 | $16K | $4K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 622 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
- Allegro Microsystems, LLC
- Sponsor EIN
- 22-3056180
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 22-3056180 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Allegro Microsystems, LLC Employees' Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 1,000
About this data
Source: Allegro Microsystems, 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 Allegro Microsystems, LLC.