Commvault Systems, Inc.

Tinton Falls, NJ Information & technologyNAICS 511210

Self-funded health planPlan year 2025Renews January
1,271Participants+4% vs. prior year
$3.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 7Information & technology in NJBy participants

Overview

Commvault Systems, Inc. sponsors a self-funded health plan that covered 1,271 participants in plan year 2025, up 4% 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
1,271 · prior year 1,223
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Commvault Systems, Inc. Cafeteria Plan, plan 501 (1,271 participants)
Broker compensation
$-53K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
UnitedHealthcare Insurance CompanyVision4,157$2.2M$-128K
Lincoln National Life Insurance CompanyLife1,286$530K$61K
Reliance Standard Life Insurance CompanyLong-term disability1,282$291K$11K
Cigna Health and Life Insurance Company and AffiliatesDental334$62K$2K
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident1,177$7K$1K

Pharmacy benefit estimate

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

$3.0M/ year

Estimated prescription spend: 1,271 participants × $2,371 national average per member. Usually higher once dependents are counted.

$78K–$193K/ year

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

Brands with a generic available$23K–$57K
Lower-cost therapeutic alternatives$33K–$70K
Generic pricing vs. actual cost$14K–$43K
PBM contract terms$8K–$23K
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
Commvault Systems, Inc.
Sponsor EIN
22-3447504
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-3447504 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Commvault Systems, Inc. 401k Plan
Type
401(k) plan
Participants
1,949

About this data

Source: Commvault Systems, Inc.'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 Commvault Systems, Inc..

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