Lesley University

Cambridge, MA EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
611Participants-15% vs. prior year
$1.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#13 of 16Education in MABy participants

Overview

Lesley University sponsors a self-funded health plan that covered 611 participants in plan year 2025, down 15% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
611 · prior year 719
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Lesley University Group Health and Welfare Plan, plan 506 (611 participants)
Broker compensation
$33K across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Dental Service of MA, DBA Delta Dental of MADental444$241K$7K
Genworth Life Insurance CompanyLong Term Care36$75K$3K
NY Life Insurance Company of North AmericaLife543$69K$7K
NY Life Insurance Co. of North AmericaLong-term disability359$64K$6K
Eyemed Vision CareVision193$20K$3K
Unum Insurance CompanyHospital, CI, Accident25$18K$6K
Life Insurance Company of North AmericaAD&D543$7K$657

Pharmacy benefit estimate

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

$1.4M/ year

Estimated prescription spend: 611 participants × $2,371 national average per member. Usually higher once dependents are counted.

$38K–$93K/ year

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

Brands with a generic available$11K–$28K
Lower-cost therapeutic alternatives$16K–$34K
Generic pricing vs. actual cost$7K–$21K
PBM contract terms$4K–$11K
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
Lesley University
Sponsor EIN
04-2103589
Plan number
506
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-2103589 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lesley University Retirement Plan
Type
Defined contribution plan
Participants
1,576

About this data

Source: Lesley University'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 Lesley University.

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