Micro Electronics, Inc.
Overview
Micro Electronics, Inc. sponsors a self-funded health plan that covered 1,513 participants in plan year 2025, up 10% 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
- 1,513 · prior year 1,379
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Micro Electronics, Inc. Welfare Benefit Plan, plan 601 (1,513 participants)
- Broker compensation
- $51K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Unum Life Insurance Company of America | Short-term disability, Life, Long-term disability | 2,286 | $615K | $7K |
| Unum Insurance Company | Accident, Hospital Indemnity, Critical Illness | 341 | $164K | $40K |
| Vision Service Plan | Vision | 1,120 | $156K | $3K |
| MetLife Legal Plans | Legal | 266 | $55K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,513 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Micro Electronics, Inc.
- Sponsor EIN
- 31-0989469
- Plan number
- 601
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 31-0989469 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Micro Electronics, 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 Micro Electronics, Inc..