Lumen Technologies, Inc.

Monroe, LA Information & technologyNAICS 517000

Self-funded health planPlan year 2025Renews JanuaryCollectively bargained
21,137Participants-3% vs. prior year
$50.1MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 1Information & technology in LABy participants

Overview

Lumen Technologies, Inc. sponsors a self-funded health plan that covered 21,137 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
21,137 · prior year 21,757
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Lumen Welfare Benefits Plan, plan 513 (21,137 participants)
Broker compensation
$1.6M across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Metropolitan Life Insurance CompanyDental, Life, Long-term disability, Short-term disability, ADD36,934$59.1M$1.6M
Sierra Health and Life Insurance Company, Inc.Medical3,147$10.6M—
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel, Accidental Death & Dismemberment20,947$18K$4K

Pharmacy benefit estimate

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

$50.1M/ year

Estimated prescription spend: 21,137 participants × $2,371 national average per member. Usually higher once dependents are counted.

$1.3M–$3.2M/ year

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

Brands with a generic available$381K–$952K
Lower-cost therapeutic alternatives$556K–$1.2M
Generic pricing vs. actual cost$241K–$722K
PBM contract terms$125K–$376K
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
Lumen Technologies, Inc.
Sponsor EIN
72-0651161
Plan number
513
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 72-0651161 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Lumen 401(k) Savings Plan
Type
401(k) plan
Participants
38,689

About this data

Source: Lumen Technologies, 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 Lumen Technologies, Inc..

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