First National of Nebraska, Inc.

Omaha, NE Finance & insuranceNAICS 522110

Self-funded health planPlan year 2025Renews January
4,623Participants-2% vs. prior year
$11.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#2 of 10Finance & insurance in NEBy participants

Overview

First National of Nebraska, Inc. sponsors a self-funded health plan that covered 4,623 participants in plan year 2025, down 2% 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
4,623 · prior year 4,734
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
First National of Nebraska, Inc. Welfare Benefit Plan, plan 501 (4,623 participants)
Stop-loss carrier
Sun Life Assurance Company of Canada
Broker compensation
$298K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Hartford Life and AccidentLife, Long-term disability4,297$2.2M$116K
Sun Life Assurance Company of CanadaStop-loss3,383$2.0M—
Ameritas Life Insurance Corp.Vision6,054$605K$70K
Aetna Life Insurance Co.—2,062$604K$112K

Pharmacy benefit estimate

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

$11.0M/ year

Estimated prescription spend: 4,623 participants × $2,371 national average per member. Usually higher once dependents are counted.

$285K–$703K/ year

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

Brands with a generic available$83K–$208K
Lower-cost therapeutic alternatives$122K–$254K
Generic pricing vs. actual cost$53K–$158K
PBM contract terms$27K–$82K
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
First National of Nebraska, Inc.
Sponsor EIN
47-0523079
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 47-0523079 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
First National of Nebraska, Inc. First Savings Plan
Type
401(k) plan
Participants
6,635

About this data

Source: First National of Nebraska, Inc.'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 First National of Nebraska, Inc..

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