Mcgraw-Hill Global Education Holdings, LLC

New York, NY Information & technologyNAICS 511130

Self-funded health planPlan year 2025Renews January
3,796Participants+7% vs. prior year
$9.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 27Information & technology in NYBy participants

Overview

Mcgraw-Hill Global Education Holdings, LLC sponsors a self-funded health plan that covered 3,796 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
3,796 · prior year 3,535
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Mcgraw-Hill Education Group Health Plan, plan 510 (3,796 participants)
Broker compensation
$127K 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
Lincoln Life & Annuity Company of New YorkLife, Long-term disability3,769$1.9M$125K
Vision Service PlanVision2,476$485K—
Delta Dental of New YorkDental1,609$309K—
Magellan Health ServicesEmployee Assistance Program47,691$160K—
Ace American Insurance CompanyBusiness Travel Accident3,796$11K$2K

Pharmacy benefit estimate

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

$9.0M/ year

Estimated prescription spend: 3,796 participants × $2,371 national average per member. Usually higher once dependents are counted.

$234K–$577K/ year

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

Brands with a generic available$68K–$171K
Lower-cost therapeutic alternatives$100K–$209K
Generic pricing vs. actual cost$43K–$130K
PBM contract terms$23K–$68K
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
Mcgraw-Hill Global Education Holdings, LLC
Sponsor EIN
90-0942340
Plan number
510
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 90-0942340 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Mcgraw Hill 401(k) Plan
Type
401(k) plan
Participants
5,191

About this data

Source: Mcgraw-Hill Global Education Holdings, LLC'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 Mcgraw-Hill Global Education Holdings, LLC.

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