Citizens Financial Corporation
Overview
Citizens Financial Corporation sponsors a self-funded health plan that covered 694 participants in plan year 2025, up 24% 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
- 694 · prior year 559
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Citizens Financial Corporation, plan 507 (694 participants)
- Stop-loss carrier
- Cigna Health and Life Insurance Company
- Broker compensation
- $70K 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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Company | Accident, Critical Illness, Hospital Indemnity, Stop-loss | 475 | $717K | $37K |
| Citizens Security Life Insurance Company | Dental, Vision | 488 | $350K | — |
| Reliance Standard Life Insurance Company | Life, AD&D, Supplemental AD&D, Dependent AD&D, Short-term disability, Long-term disability | 633 | $206K | $33K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 694 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
- Citizens Financial Corporation
- Sponsor EIN
- 61-1187135
- Plan number
- 507
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 61-1187135 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Citizens Financial Corp. 401(k) Savings Plan and Trust Agreement
- Type
- 401(k) plan
- Participants
- 1,021
About this data
Source: Citizens Financial 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 Citizens Financial Corporation.