BIC Corporation
Overview
BIC Corporation sponsors a self-funded health plan that covered 930 participants in plan year 2025, about the same as 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
- 930 · prior year 934
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- BIC Corporation Welfare Benefits Plan for Retired Employees, plan 508 (930 participants); BIC Corporation Welfare Benefits Plan for Active Employees, plan 501 (604 participants)
- Stop-loss carrier
- Cigna Health and Life Insurance Company and Affiliates (cigna); Cigna Health and Life Insurance Company and Affiliates (cigna)
- Broker compensation
- $27K 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 |
|---|---|---|---|---|
| The Prudential Insurance Company of America | Life, Short-term disability, Long-term disability | 887 | $1.2M | $25K |
| Cigna Health and Life Insurance Company and Affiliates (cigna) | Medical, Stop-loss | 994 | $154K | — |
| Vision Service Plan | Vision | 452 | $58K | — |
| MetLife Legal Plans | Legal | 65 | $18K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 930 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
- BIC Corporation
- Sponsor EIN
- 06-0735597
- Plan numbers
- 508, 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 06-0735597 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- BIC Corporation Employees' Pension Plan
- Type
- Pension plan
- Participants
- 2,434
About this data
Source: BIC 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 BIC Corporation.