Foundever Operating Corporation
Overview
Foundever Operating Corporation sponsors a self-funded health plan that covered 9,134 participants in plan year 2025. 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
- 9,134 · prior year 3,915
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Foundever Operating Corporation Welfare Benefit Plan, plan 502 (9,134 participants)
- Broker compensation
- $513K 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Dental, Life, Short-term disability, Long-term disability | 10,687 | $4.2M | $247K |
| Reliastar Life Insurance Company | Accident, Critical Illness, Hospital Ind | 3,646 | $783K | $226K |
| UnitedHealthcare Insurance Company | Vision | 5,906 | $272K | $14K |
| Metropolitan General Insurance Company | Legal | 656 | $124K | $26K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 9,134 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
- Foundever Operating Corporation
- Sponsor EIN
- 16-1364816
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 16-1364816 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Foundever Operating Corporation 401(k) Plan
- Type
- 401(k) plan
- Participants
- 11,019
About this data
Source: Foundever Operating 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 Foundever Operating Corporation.