Bentley Systems Inc.

Exton, PA Professional servicesNAICS 541511

Self-funded health planPlan year 2025Renews January
1,566Participants+8% vs. prior year
$3.7MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#17 of 37Professional services in PABy participants

Overview

Bentley Systems Inc. sponsors a self-funded health plan that covered 1,566 participants in plan year 2025, up 8% 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
1,566 · prior year 1,451
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Bentley Systems Incorporated Welfare Benefit Plan, plan 501 (1,566 participants)
Stop-loss carrier
Aetna Life Insurance Company
Broker compensation
$122K 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
Aetna Life Insurance CompanyStop-loss1,198$3.9M—
Metropolitan Life Insurance CompanyLife, Medical, Long-term disability1,894$1.2M$114K
Blue Cross Blue Shield of AlabamaMedical, Prescription drug, Vision, PPO66$1.1M—
Vision Service PlanVision1,079$135K—
Ace American Insurance Company (chubb)Accidental Death and Dismemberment1,894$43K$9K

Pharmacy benefit estimate

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

$3.7M/ year

Estimated prescription spend: 1,566 participants × $2,371 national average per member. Usually higher once dependents are counted.

$97K–$238K/ year

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

Brands with a generic available$28K–$71K
Lower-cost therapeutic alternatives$41K–$86K
Generic pricing vs. actual cost$18K–$53K
PBM contract terms$9K–$28K
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
Bentley Systems Inc.
Sponsor EIN
95-3936623
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-3936623 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Bentley Systems, Incorporated Profit Sharing/401(k) Plan
Type
401(k) plan
Participants
2,402

About this data

Source: Bentley Systems 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 Bentley Systems Inc..

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