Father Flanagan's Boys' Home

Boys Town, NE Health careNAICS 623000

Self-funded health planPlan year 2025Renews January
3,482Participants0% vs. prior year
$8.3MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 17Health care in NEBy participants

Overview

Father Flanagan's Boys' Home sponsors a self-funded health plan that covered 3,482 participants in plan year 2025, about the same as 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
3,482 · prior year 3,491
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Father Flanagan's Boys' Home Benefit Plan, plan 515 (3,482 participants)
Broker compensation
$1.9M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyLife, Long-term disability2,888$1.6M$1.6M
Reliastar Life Insurance CompanyAccident, Critical Illness, Hospital1,908$706K$153K
Metropolitan Life Insurance CompanyVision4,095$375K$34K
Nebraska Methodist Health System DBA Bestcare EAPEmployee Assistance Program3,493$103K$103K

Pharmacy benefit estimate

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

$8.3M/ year

Estimated prescription spend: 3,482 participants × $2,371 national average per member. Usually higher once dependents are counted.

$215K–$529K/ year

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

Brands with a generic available$63K–$157K
Lower-cost therapeutic alternatives$92K–$192K
Generic pricing vs. actual cost$40K–$119K
PBM contract terms$21K–$62K
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
Father Flanagan's Boys' Home
Sponsor EIN
47-0376606
Plan number
515
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-0376606 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Retirement Savings Plan of Father Flanagan's Boys' Home
Type
401(k) plan
Participants
4,665

About this data

Source: Father Flanagan's Boys' Home'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 Father Flanagan's Boys' Home.

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