Franklin Covey Co.
Overview
Franklin Covey Co. sponsors a self-funded health plan that covered 914 participants in plan year 2025, up 14% 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
- 914 · prior year 800
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Franklin Covey Co. Employee Benefit, plan 502 (914 participants)
- Broker compensation
- $65K 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 |
|---|---|---|---|---|
| Prudential Insurance Company of America | Life, Long-term disability | 745 | $360K | $42K |
| Vision Service Plan | Vision | 500 | $127K | $3K |
| Reliastar Life Insurance Company | Accident, Critical Illness, Hospital | 92 | $27K | $19K |
| Arag Insurance Company | Legal | 62 | $7K | $1K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 914 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
- Franklin Covey Co.
- Sponsor EIN
- 87-0401551
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 87-0401551 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Franklin Covey Co. 401(k) Plan
- Type
- 401(k) plan
- Participants
- 1,233
About this data
Source: Franklin Covey Co.'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 Franklin Covey Co..