Arvest Bank

Lowell, AR Finance & insuranceNAICS 522110

Self-funded health planPlan year 2025Renews January
6,355Participants-4% vs. prior year
$15.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 7Finance & insurance in ARBy participants

Overview

Arvest Bank sponsors a self-funded health plan that covered 6,355 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
6,355 · prior year 6,596
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Arvest Bank Group Welfare Benefits Plan, plan 504 (6,355 participants)
Stop-loss carrier
Reliastar Life Insurance Company
Broker compensation
$1.8M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliastar Life Insurnace CompanyLife, Short-term disability, Long-term disability11,491$5.5M$1.5M
Reliastar Life Insurance CompanyStop-loss11,062$2.0M$304K
Vision Service PlanVision4,871$626K$16K
Curalinc LLCEmployee Assistance Program6,388$109K—

Pharmacy benefit estimate

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

$15.1M/ year

Estimated prescription spend: 6,355 participants × $2,371 national average per member. Usually higher once dependents are counted.

$392K–$966K/ year

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

Brands with a generic available$115K–$286K
Lower-cost therapeutic alternatives$167K–$350K
Generic pricing vs. actual cost$72K–$217K
PBM contract terms$38K–$113K
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
Arvest Bank
Sponsor EIN
71-0118700
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 71-0118700 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Arvest Bank 401k & Profit Sharing Retirement Plan
Type
401(k) plan
Participants
8,158

About this data

Source: Arvest Bank'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 Arvest Bank.

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