Edmentum

Bloomington, MN EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
933Participants-39% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 9Education in MNBy participants

Overview

Edmentum sponsors a self-funded health plan that covered 933 participants in plan year 2025, down 39% 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
933 · prior year 1,539
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Edmentum, Inc. Welfare Benefit Wrap Plan, plan 508 (933 participants)
Broker compensation
$119K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Lincoln National Life Insurance CompanyLife, Long-term disability933$344K$59K
Reliastar Life Insurance CompanyCritical Illness, Hospital Indemnity, Ac513$163K$25K
First Stop HealthEmployee Assistance Plan906$108K$8K
Eyemed Vision CareVision1,540$74K$27K
Ulliance, Inc.Employee Assistance Plan895$29K—

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 933 participants × $2,371 national average per member. Usually higher once dependents are counted.

$58K–$142K/ year

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

Brands with a generic available$17K–$42K
Lower-cost therapeutic alternatives$25K–$51K
Generic pricing vs. actual cost$11K–$32K
PBM contract terms$6K–$17K
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
Edmentum
Sponsor EIN
41-1646390
Plan number
508
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 41-1646390 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Edmentum Savings and Retirement Plan
Type
401(k) plan
Participants
1,777

About this data

Source: Edmentum'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 Edmentum.

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