Cherry Bekaert Advisory LLC
Overview
Cherry Bekaert Advisory LLC sponsors a self-funded health plan that covered 1,741 participants in plan year 2025, down 27% 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
- 1,741 · prior year 2,379
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Cherry Bekaert Advisory LLC Employee Benefits Plan, plan 502 (1,741 participants)
- Broker compensation
- $84K 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 |
|---|---|---|---|---|
| Life Insurance Company of North America | Life, Accidental Death and Dismemberment, Long-term disability | 2,167 | $1.4M | $32K |
| Cigna Health and Life Insurance Company | Hospital Indemnity, Critical Illness, Accident | 805 | $267K | $53K |
| Fidelity Security Life Insurance Company | Vision | 2,745 | $163K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,741 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
- Cherry Bekaert Advisory LLC
- Sponsor EIN
- 88-2730877
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 88-2730877 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Cherry Bekaert Advisory LLC 401(k) Plan
- Type
- 401(k) plan
- Participants
- 3,227
About this data
Source: Cherry Bekaert Advisory LLC'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 Cherry Bekaert Advisory LLC.