Kpmg LLP

Montvale, NJ Professional servicesNAICS 541211

Self-funded health planPlan year 2025Renews January
889Participants+7% vs. prior year
$2.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#20 of 32Professional services in NJBy participants

Overview

Kpmg LLP sponsors a self-funded health plan that covered 889 participants in plan year 2025, up 7% 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
889 · prior year 829
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Kpmg Retiree Medicare Health Reimbursement Arrangement, plan 521 (889 participants)
Broker compensation
$1.6M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Prudential Insurance Company of AmericaShort-term disability, Long-term disability, Paid Leave, Life41,019$61.5M$1.3M
Kaiser Foundation Health Plan, Inc. Northern CaliforniaMedical, Prescription drug, HMO570$5.3M—
Kaiser Foundation Health Plan of Southern CaliforniaMedical, Prescription drug, HMO548$4.2M—
Aetna Life Insurance CompanyDental, Medical13,891$4.2M—
Eyemed Vision Care on Behalf of Fidelity Security Life InsuranceVision38,673$3.3M—
Blue Cross Blue Shield of IllinoisMedical, Prescription drug, HMO274$1.9M—
MetLife Legal PlansLegal7,051$1.8M—
National Union Fire Ins. Co. of PitAccidental Death and Dismemberment33,299$1.2M$298K
Upmc Health OptionsMedical, Prescription drug, HMO179$1.1M—
Delta Dental of New YorkDental4,342$1.1M—
Kaiser Foundation Health Plan of GeorgiaMedical, Prescription drug, HMO123$870K—
Kaiser Foundation Health Plan of ColoradoMedical, Prescription drug, HMO108$806K—

Pharmacy benefit estimate

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

$2.1M/ year

Estimated prescription spend: 889 participants × $2,371 national average per member. Usually higher once dependents are counted.

$55K–$135K/ year

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

Brands with a generic available$16K–$40K
Lower-cost therapeutic alternatives$23K–$49K
Generic pricing vs. actual cost$10K–$30K
PBM contract terms$5K–$16K
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
Kpmg LLP
Sponsor EIN
13-5565207
Plan number
521
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-5565207 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Kpmg Pension Plan
Type
Pension plan
Participants
71,845

About this data

Source: Kpmg LLP'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 Kpmg LLP.

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