Beacon Mobility Inc.

Southborough, MA Transportation & logisticsNAICS 485410

Self-funded health planPlan year 2025Renews January
17,336Participants+4% vs. prior year
$41.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 4Transportation & logistics in MABy participants

Overview

Beacon Mobility Inc. sponsors a self-funded health plan that covered 17,336 participants in plan year 2025, up 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
17,336 · prior year 16,724
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Beacon Mobility Health and Welfare Plan, plan 501 (17,336 participants)
Broker compensation
$570K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Short-term disability, Long-term disability17,351$3.0M$246K
Metropolitan Life Insurance CompanyDental, Vision5,343$1.9M$122K
Aetna Life Insurance CompanyAccident, Critical Illness, Hospital1,692$701K$151K
Telus Health (US) Ltd.Employee Assistance Program19,461$188K—
Metropolitan General Insurance CompanyLegal594$132K$25K
Baybridge AdministratorsHospital567$126K$25K

Pharmacy benefit estimate

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

$41.1M/ year

Estimated prescription spend: 17,336 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.1M–$2.6M/ year

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

Brands with a generic available$312K–$781K
Lower-cost therapeutic alternatives$456K–$954K
Generic pricing vs. actual cost$197K–$592K
PBM contract terms$103K–$308K
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
Beacon Mobility Inc.
Sponsor EIN
46-5084167
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 46-5084167 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Beacon Mobility Transportation Employee Retirement Plan
Type
401(k) plan
Participants
14,869

About this data

Source: Beacon Mobility Inc.'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 Beacon Mobility Inc..

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