Clarkson University
Overview
Clarkson University sponsors a self-funded health plan that covered 608 participants in plan year 2024. The plan year starts in July. 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
- 608
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Clarkson University Health & Welfare Benefits Plan, plan 502 (608 participants)
- Broker compensation
- $9K 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 |
|---|---|---|---|---|
| New York Life Group Insurance Company of New York | Short-term disability, AD&D, Life, Long-term disability | 579 | $246K | $5K |
| Vision Service Plan | Vision | 337 | $72K | — |
| Metropolitan Life Insurance Company | Critical Illness | 89 | $31K | $4K |
| Federal Insurance Company | Travel Accident | 579 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 608 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 2024
- Plan sponsor
- Clarkson University
- Sponsor EIN
- 15-0543659
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 15-0543659 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Clarkson University Pension Plan
- Type
- Defined contribution plan
- Participants
- 1,589
About this data
Source: Clarkson University'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 Clarkson University.