Axogen Corporation

Tampa, FL Professional servicesNAICS 541700

Self-funded health planPlan year 2025Renews August
610Participants0% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Aug 2027Next renewalPlan year begins August 1
#40 of 53Professional services in FLBy participants

Overview

Axogen Corporation sponsors a self-funded health plan that covered 610 participants in plan year 2025, about the same as the prior year. The plan year starts in August. 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
610 · prior year 610
Plan year
Begins August 1 · next renewal August 2027
Health plans filed
Axogen Corporation Health and Welfare Plan, plan 501 (610 participants)
Broker compensation
$48K 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
Ameritas Life Insurance CorporationDental, Vision1,117$269K$22K
UnitedHealthcare Insurance CompanyLife, Long-term disability609$206K$26K
United Behavioral Health DBA OptumEmployee Assistance Program591$15K—

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 610 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$93K/ year

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

Brands with a generic available$11K–$27K
Lower-cost therapeutic alternatives$16K–$34K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning August 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2025
Plan sponsor
Axogen Corporation
Sponsor EIN
55-0805988
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 55-0805988 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Axogen Corporation 401(k) Plan
Type
401(k) plan
Participants
805

About this data

Source: Axogen Corporation'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 Axogen Corporation.

Request a correction · Methodology