Bankunited N.A.
Overview
Bankunited N.A. sponsors a self-funded health plan that covered 1,761 participants in plan year 2025, up 7% 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
- 1,761 · prior year 1,651
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Bankunited N.A. Welfare Benefits Plan, plan 505 (1,761 participants)
- Broker compensation
- $130K 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 |
|---|---|---|---|---|
| Prudential Insurance Company of America | Life, Short-term disability, Long-term disability | 1,761 | $1.6M | $38K |
| Metropolitan Life Insurance Company | Dental, Vision | 2,571 | $1.2M | $15K |
| Provident Life and Accident Insurance Company | Long-term disability | 241 | $283K | $65K |
| Provident Life and Casualty Insurance Company | Long-term disability | 49 | $57K | $12K |
| Metropolitan General Insurance Company | Legal | 293 | $51K | $70 |
| Safeguard Health Plans, Inc., a Florida Corporation | Dental | 323 | $39K | $460 |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,761 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
- Bankunited N.A.
- Sponsor EIN
- 27-0217289
- Plan number
- 505
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 27-0217289 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Bankunited N.A.'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 Bankunited N.A..