Manatt, Phelps & Phillips, LLP

Los Angeles, CA Professional servicesNAICS 541110

Self-funded health planPlan year 2025Renews March
840Participants+1% vs. prior year
$2.0MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#23 of 34Professional services in CABy participants

Overview

Manatt, Phelps & Phillips, LLP sponsors a self-funded health plan that covered 840 participants in plan year 2025, about the same as the prior year. The plan year starts in March. 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
840 · prior year 828
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
Manatt, Phelps & Phillips, LLP Employee Benefits Plan, plan 510 (840 participants)
Stop-loss carrier
Aetna Life Insurance Co.
Broker compensation
$306K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Kaiser Foundation Health Plan, Inc.Medical117$3.8M$100K
Aetna Life Insurance Co.Stop-loss526$1.7M—
Unum Life Insurance Company of AmericaShort-term disability, Long-term disability, Life846$968K$71K
The Guardian Life Insurace Company of AmericaDental767$794K$119K
Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc.Medical30$277K—
Vision Service PlanVision732$93K$5K
Arag Insurance CompanyPrepaid Legal Services252$19K$3K

Pharmacy benefit estimate

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

$2.0M/ year

Estimated prescription spend: 840 participants × $2,371 national average per member. Usually higher once dependents are counted.

$52K–$128K/ year

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

Brands with a generic available$15K–$38K
Lower-cost therapeutic alternatives$22K–$46K
Generic pricing vs. actual cost$10K–$29K
PBM contract terms$5K–$15K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning March 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
Manatt, Phelps & Phillips, LLP
Sponsor EIN
95-2375841
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 95-2375841 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Manatt, Phelps & Phillips, LLP Employee Savings Plan
Type
401(k) plan
Participants
1,426

About this data

Source: Manatt, Phelps & Phillips, 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 Manatt, Phelps & Phillips, LLP.

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