Future Electronics Corp.
Overview
Future Electronics Corp. sponsors a self-funded health plan that covered 611 participants in plan year 2025, down 8% 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
- 611 · prior year 662
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Future Electronics Corp. Group Insurance, plan 761 (611 participants)
- Broker compensation
- $119K 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 |
|---|---|---|---|---|
| Sun Life Assurance Company of Canada | Life, Short-term disability, Long-term disability | 586 | $585K | $79K |
| Dental Service of Massachusetts, Inc. D/b/a Delta Dental of MA | Dental | 1,074 | $385K | $8K |
| Transamerica Life Insurance Company | Life | 474 | $168K | $25K |
| UnitedHealthcare Insurance Company | Vision | 446 | $72K | $7K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 611 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
- Future Electronics Corp.
- Sponsor EIN
- 04-2507468
- Plan number
- 761
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-2507468 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Future Group of Companies 401(k) Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 910
About this data
Source: Future Electronics Corp.'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 Future Electronics Corp..