Genpact, LLC

New York, NY Professional servicesNAICS 541600

Self-funded health planPlan year 2025Renews January
5,428Participants-26% vs. prior year
$12.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 70Professional services in NYBy participants

Overview

Genpact, LLC sponsors a self-funded health plan that covered 5,428 participants in plan year 2025, down 26% 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
5,428 · prior year 7,356
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Genpact Welfare Benefit Plan, plan 501 (5,428 participants)
Broker compensation
$210K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyDental, Vision, Life8,895$4.8M$146K
Securian Life Insurance CompanyAccidental Death and Dismemberment, Life4,149$1.4M$32K
Lincoln National Life Insurance CompanyLong-term disability4,567$742K$11K
Anthem Insurance Companies, Inc.Employee Assistance Program7,233$195K—
MetLife Legal PlansLegal717$190K$19K
National Union Fire Ins. Co. of Pittsburgh, PAAccidental Death & Dismemberment4,891$2K$410

Pharmacy benefit estimate

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

$12.9M/ year

Estimated prescription spend: 5,428 participants × $2,371 national average per member. Usually higher once dependents are counted.

$335K–$825K/ year

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

Brands with a generic available$98K–$245K
Lower-cost therapeutic alternatives$143K–$299K
Generic pricing vs. actual cost$62K–$185K
PBM contract terms$32K–$97K
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
Genpact, LLC
Sponsor EIN
22-3658826
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 22-3658826 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Genpact U. S. 401(k) Savings Plan
Type
401(k) plan
Participants
8,590

About this data

Source: Genpact, LLC'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 Genpact, LLC.

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