Bryn Mawr College

Bryn Mawr, PA EducationNAICS 611000

Self-funded health planPlan year 2024Renews November
678ParticipantsFirst year on file
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Nov 2027Next renewalPlan year begins November 1
#16 of 21Education in PABy participants

Overview

Bryn Mawr College sponsors a self-funded health plan that covered 678 participants in plan year 2024. The plan year starts in November. Alongside medical, its benefits filing reports life insurance, dental, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
678
Plan year
Begins November 1 · next renewal November 2027
Health plans filed
Bryn Mawr College Employee Benefit Plan, plan 507 (678 participants)
Broker compensation
$45K across insured contracts
MedicalLife insuranceDentalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln Life Assurance Company of BostonLong-term disability667$143K$21K
Lincoln National Life Insurance CompanyLife668$128K$24K

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 678 participants × $2,371 national average per member. Usually higher once dependents are counted.

$42K–$103K/ year

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

Brands with a generic available$12K–$31K
Lower-cost therapeutic alternatives$18K–$37K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning November 2027: semiannual PBM compensation reports and an annual audit right.

Form 5500 filing details

Filing
Form 5500 with Schedule A, plan year 2024
Plan sponsor
Bryn Mawr College
Sponsor EIN
23-1352621
Plan number
507
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 23-1352621 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Bryn Mawr College Retirement Plan
Type
Defined contribution plan
Participants
2,031

About this data

Source: Bryn Mawr College's Form 5500 filing for plan year 2024 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 Bryn Mawr College.

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