Deere & Company
Overview
Deere & Company sponsors a self-funded health plan that covered 11,368 participants in plan year 2024. The plan year starts in November. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 11,368
- Plan year
- Begins November 1 · next renewal November 2027
- Health plans filed
- John Deere Health Benefit Plan for Wage Employees, plan 502 (11,368 participants)
- Broker compensation
- $645K 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 |
|---|---|---|---|---|
| Minnesota Life Insurance Co. | Life | 27,731 | $41.6M | $645K |
| UnitedHealthcare Insurance Company | Medical, PPO, Prescription drug, Dental, Vision | 18,248 | $12.6M | — |
| Delta Dental of Wisconsin | Dental | 905 | $2.0M | — |
| MetLife Legal Plans | Legal | 24,149 | $1.7M | — |
| Sentry Select Insurance Company | Long-term disability | 16,486 | $-627K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 11,368 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
- Deere & Company
- Sponsor EIN
- 36-2382580
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 36-2382580 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- John Deere Pension Plan for Salaried Employees
- Type
- Pension plan
- Participants
- 35,034
About this data
Source: Deere & Company'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 Deere & Company.