Enovis Corporation
Overview
Enovis Corporation sponsors a self-funded health plan that covered 2,073 participants in plan year 2025, down 8% 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
- 2,073 · prior year 2,264
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Group Insurance for Employees of Enovis Corporation, plan 501 (2,073 participants)
- Stop-loss carrier
- HM Life Insurance Company
- Broker compensation
- $229K 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 |
|---|---|---|---|---|
| HM Life Insurance Company | Stop-loss | 1,566 | $1.5M | $30K |
| Reliastar Life Insurance Company | Basic AD&D, Supplemental AD&D, Medical, Hospital Confinement Voluntary Employee, Life | 6,279 | $871K | $143K |
| Reliance Standard Life Insurance Company | Long-term disability | 2,047 | $390K | $52K |
| MetLife Legal Plans | Legal | 160 | $40K | $4K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,073 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
- Enovis Corporation
- Sponsor EIN
- 54-1887631
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 54-1887631 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Enovis 401(k) Savings Plan Plus
- Type
- 401(k) plan
- Participants
- 3,400
About this data
Source: Enovis 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 Enovis Corporation.