Holland Hospital

Holland, MI Health careNAICS 622000

Self-funded health planPlan year 2025Renews April
1,306Participants-9% vs. prior year
$3.1MEst. pharmacy spend / yrParticipants × national avg.
Apr 2027Next renewalPlan year begins April 1
#11 of 27Health care in MIBy participants

Overview

Holland Hospital sponsors a self-funded health plan that covered 1,306 participants in plan year 2025, down 9% from 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
1,306 · prior year 1,440
Plan year
Begins April 1 · next renewal April 2027
Health plans filed
Holland Community Hospital D/b/a Holland Hospital Health and Welfare Benefits Plan, plan 505 (1,306 participants)
Broker compensation
$283K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Delta Dental of MichiganDental, PPO3,272$1.3M$65K
Lincoln Financial GroupLife, Long-term disability1,385$942K$158K
Hartford Life and AccidentLong-term disability74$222K$25K
Renaissance Life and Health Insurance Company of AmericaVision2,087$209K$27K
Metropolitan General Insurance CompanyLegal233$68K$7K

Pharmacy benefit estimate

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

$3.1M/ year

Estimated prescription spend: 1,306 participants × $2,371 national average per member. Usually higher once dependents are counted.

$81K–$198K/ year

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

Brands with a generic available$24K–$59K
Lower-cost therapeutic alternatives$34K–$72K
Generic pricing vs. actual cost$15K–$45K
PBM contract terms$8K–$23K
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
Holland Hospital
Sponsor EIN
38-2800065
Plan number
505
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 38-2800065 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Holland Hospital 401(k) Savings Plan
Type
401(k) plan
Participants
2,865

About this data

Source: Holland Hospital'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 Holland Hospital.

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