Avangrid Service Company
Overview
Avangrid Service Company sponsors a self-funded health plan that covered 8,511 participants in plan year 2025, up 34% 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
- 8,511 · prior year 6,341
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Avangrid Managment Company, LLC Employee Benefits, plan 501 (8,511 participants); Avangrid Service Company, Inc. Retiree Health Plan, plan 506 (3,382 participants); Avangrid Management Company, LLC Retiree Health PL, plan 521 (464 participants)
- Stop-loss carrier
- Anthem Health Plans, Inc.
- Broker compensation
- $89K 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 |
|---|---|---|---|---|
| MetLife | Long-term disability, Life | 8,191 | $4.9M | $89K |
| Anthem Health Plans, Inc. | Stop-loss | 17,660 | $2.1M | — |
| Anthem Life and Disability Ins Co. | Life, Short-term disability | 610 | $613K | — |
| Cca,inc | Employee Assistance Program | 8,446 | $544K | — |
| Vision Service Plan | Vision | 3,943 | $83K | — |
| Howden Group Holdings Limited | AD&D | 8,269 | $73K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 8,511 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
- Avangrid Service Company
- Sponsor EIN
- 02-0706408
- Plan numbers
- 501, 506, 521
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 02-0706408 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Avangrid Service 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 Avangrid Service Company.