Evonik Corporation
Overview
Evonik Corporation sponsors a self-funded health plan that covered 4,512 participants in plan year 2025, down 6% from the prior year. The plan year starts in January. 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
- 4,512 · prior year 4,780
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Evonik Corporation Consolidated Welfare Benefits Program, plan 501 (4,512 participants); Evonik Corporation Consolidated Retiree Welfare Benefits Program, plan 502 (577 participants)
- Stop-loss carrier
- Symetra Life Insurance Company; Symetra Life Insurance Company; Symetra Life Insurance Company
- Broker compensation
- $764K 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 |
|---|---|---|---|---|
| Symetra Life Insurance Company | Stop-loss | 2,884 | $7.1M | $508K |
| Hartford Life and Accident | Life, Long-term disability | 7,322 | $6.7M | $111K |
| Independent Health Association | Medical, Prescription drug, HMO | 49 | $1.2M | — |
| Aetna Life Insurance Company | Medical, Prescription drug, PPO, Dental | 2,029 | $937K | $92K |
| Capital District Physician's Health Plan Inc. | Medical, Prescription drug, HMO | 34 | $491K | $20K |
| MetLife Legal Plans | Legal | 825 | $159K | $19K |
| Magellan Behavioral Health | Employee Assistance Program | 4,449 | $116K | — |
| Hartford Fire Insurance Company | Business Travel Accident | 4,428 | $63K | $11K |
| Delta Dental of Pennsylvania | Dental | 47 | $61K | $4K |
| Teladoc Health, Inc. | Expert Medical Opinion | 4,965 | $5K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,512 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
- Evonik Corporation
- Sponsor EIN
- 63-0673043
- Plan numbers
- 501, 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 63-0673043 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Evonik Corporation 401(k) Savings Plan
- Type
- 401(k) plan
- Participants
- 6,589
About this data
Source: Evonik 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 Evonik Corporation.