Hexaware Technologies, Inc.
Overview
Hexaware Technologies, Inc. sponsors a self-funded health plan that covered 2,018 participants in plan year 2024. The plan year starts in July. 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
- 2,018
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Hexaware Technologies Inc. Employee Benefits Plan, plan 501 (2,018 participants)
- Broker compensation
- $197K 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 |
|---|---|---|---|---|
| The Lincoln National Life Insurance Company | Life, Short-term disability, Long-term disability | 2,018 | $924K | $129K |
| Metropolitan Life Insurance Company | Accident, Critical Illness | 1,438 | $328K | $51K |
| Vision Service Plan | Vision | 1,833 | $265K | $5K |
| MetLife Legal Plans | Legal | 408 | $77K | $9K |
| Aetna Behavioral Health, LLC | Employee Assistance Program | 1,664 | $25K | — |
| Ace American Insurance Company | Business Travel Accident | 2,018 | $5K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,018 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 2024
- Plan sponsor
- Hexaware Technologies, Inc.
- Sponsor EIN
- 22-3301374
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 22-3301374 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Hexaware Technologies, Incorporated Retirement Plan
- Type
- 401(k) plan
- Participants
- 2,108
About this data
Source: Hexaware Technologies, Inc.'s Form 5500 filing for plan year 2024 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 Hexaware Technologies, Inc..