Lenovo (united States) Inc.

Morrisville, NC ManufacturingNAICS 334110

Self-funded health planPlan year 2025Renews January
914Participants-3% vs. prior year
$2.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#52 of 85Manufacturing in NCBy participants

Overview

Lenovo (united States) Inc. sponsors a self-funded health plan that covered 914 participants in plan year 2025, down 3% 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
914 · prior year 939
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Lenovo Future Health Account Plan, plan 504 (914 participants)
Broker compensation
$473K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Life Insurance Company of North AmericaShort-term disability, Life, Long-term disability5,521$6.7M$187K
Cigna Health and Life Insurance CompanyDental, Critical Illness, Accidental Injury, Hospital Care, EAP12,960$1.5M$249K
Vision Service PlanVision4,059$1.2M—
Kaiser Foundation Health Plan Inc.Medical101$911K—
Arag Insurance CompanyLegal2,396$276K$36K
New York Life Group Insurance Company of NYShort-term disability74$30K$625

Pharmacy benefit estimate

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

$2.2M/ year

Estimated prescription spend: 914 participants × $2,371 national average per member. Usually higher once dependents are counted.

$56K–$139K/ year

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

Brands with a generic available$16K–$41K
Lower-cost therapeutic alternatives$24K–$50K
Generic pricing vs. actual cost$10K–$31K
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
Lenovo (united States) Inc.
Sponsor EIN
52-2449153
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 52-2449153 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lenovo Savings Plan
Type
401(k) plan
Participants
9,280

About this data

Source: Lenovo (united States) Inc.'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 Lenovo (united States) Inc..

Request a correction · Methodology