Hawthorne Residential Partners, LLC

Greensboro, NC Real estateNAICS 531310

Self-funded health planPlan year 2025Renews April
1,433Participants+0% vs. prior year
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#2 of 4Real estate in NCBy participants

Overview

Hawthorne Residential Partners, LLC sponsors a self-funded health plan that covered 1,433 participants in plan year 2025, about the same as the prior year. The plan year starts in April. 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
1,433 · prior year 1,427
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Hawthorne Residential Partners, LLC Health & Welfare Benefits Plan, plan 501 (1,433 participants)
Stop-loss carrier
Blue Cross Blue Shield of North Carolina
Broker compensation
$343K 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
Blue Cross Blue Shield of North CarolinaMedical, Stop-loss1,495$1.8M$174K
Unum Life Insurance Company of AmericaLife, Short-term disability, Long-term disability, Group Critical Illness, Voluntary Group 1,389$1.1M$158K
Delta Dental of North CarolinaDental1,736$574K—
Provident Life and Accident Insurance CompanyLife733$190K$23
Metropolitan Life Insurance CompanyVision1,523$114K$11K

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,433 participants × $2,371 national average per member. Usually higher once dependents are counted.

$88K–$218K/ year

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

Brands with a generic available$26K–$65K
Lower-cost therapeutic alternatives$38K–$79K
Generic pricing vs. actual cost$16K–$49K
PBM contract terms$8K–$25K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning April 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
Hawthorne Residential Partners, LLC
Sponsor EIN
26-4141876
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 26-4141876 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Hawthorne Residential Partners 401(k) Profit Sharing Plan & Trust
Type
401(k) plan
Participants
1,805

About this data

Source: Hawthorne Residential Partners, 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 Hawthorne Residential Partners, LLC.

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