Enterprise Associates, LLC

Norwood, MA Finance & insuranceNAICS 522298

Self-funded health planPlan year 2025Renews March
532Participants0% vs. prior year
$1.3MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#18 of 20Finance & insurance in MABy participants

Overview

Enterprise Associates, LLC sponsors a self-funded health plan that covered 532 participants in plan year 2025, about the same as the prior year. The plan year starts in March. 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
532 · prior year 532
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
Enterprise Associates LLC Employee Benefits Plan, plan 501 (532 participants)
Broker compensation
$46K 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
Life Insurance Company of North AmericaLife, Short-term disability, Long-term disability121$218K$44K
Vision Service PlanVision284$42K$2K

Pharmacy benefit estimate

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

$1.3M/ year

Estimated prescription spend: 532 participants × $2,371 national average per member. Usually higher once dependents are counted.

$33K–$81K/ year

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

Brands with a generic available$10K–$24K
Lower-cost therapeutic alternatives$14K–$29K
Generic pricing vs. actual cost$6K–$18K
PBM contract terms$3K–$9K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
Enterprise Associates, LLC
Sponsor EIN
26-1573584
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-1573584 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Enterprise Associates LLC 401(k) Retirement Plan
Type
401(k) plan
Participants
642

About this data

Source: Enterprise Associates, LLC'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 Enterprise Associates, LLC.

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