Cedarville University

Cedarville, OH EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
1,219Participants+2% vs. prior year
$2.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 6Education in OHBy participants

Overview

Cedarville University sponsors a self-funded health plan that covered 1,219 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, long-term disability.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,219 · prior year 1,199
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Cedarville University Wrap Plan, plan 505 (1,219 participants)
Broker compensation
$63K 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
The Guardian Life InsuranceLife, Long-term disability629$372K$52K
Superior Dental Care Inc.Dental1,219$331K$1K
AmeritasVision937$64K$10K

Pharmacy benefit estimate

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

$2.9M/ year

Estimated prescription spend: 1,219 participants × $2,371 national average per member. Usually higher once dependents are counted.

$75K–$185K/ year

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

Brands with a generic available$22K–$55K
Lower-cost therapeutic alternatives$32K–$67K
Generic pricing vs. actual cost$14K–$42K
PBM contract terms$7K–$22K
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
Cedarville University
Sponsor EIN
31-0536647
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 31-0536647 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Cedarville University Retirement Savings Plan
Type
Defined contribution plan
Participants
1,153

About this data

Source: Cedarville University'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 Cedarville University.

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