National College of Business & Technology Company Inc.

San Juan, PR EducationNAICS 611000

Self-funded health planPlan year 2025Renews March
1,458Participants+5% vs. prior year
$3.5MEst. pharmacy spend / yrParticipants × national avg.
Mar 2027Next renewalPlan year begins March 1
#1 of 1Education in PRBy participants

Overview

National College of Business & Technology Company Inc. sponsors a self-funded health plan that covered 1,458 participants in plan year 2025, up 5% from 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
1,458 · prior year 1,390
Plan year
Begins March 1 · next renewal March 2027
Health plans filed
National College of Business & Technology Company Welfare Plan, plan 503 (1,458 participants)
Stop-loss carrier
MCS Life Insurance Company
Broker compensation
$346K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Cigna Health and Life Insurance CompanyMedical, Vision190$1.0M$234K
Metropolitan Life Insurance CompanyDental, Life, Vision, Short-term disability, Long-term disability1,458$351K$37K
MCS Life Insurance CompanyMedical, Prescription drug, Dental, PPO, Stop-loss953$103K$67K

Pharmacy benefit estimate

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

$3.5M/ year

Estimated prescription spend: 1,458 participants × $2,371 national average per member. Usually higher once dependents are counted.

$90K–$222K/ year

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

Brands with a generic available$26K–$66K
Lower-cost therapeutic alternatives$38K–$80K
Generic pricing vs. actual cost$17K–$50K
PBM contract terms$9K–$26K
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
National College of Business & Technology Company Inc.
Sponsor EIN
66-0394377
Plan number
503
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 66-0394377 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
National University College 401(k) Plan
Type
401(k) plan
Participants
701

About this data

Source: National College of Business & Technology Company 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 National College of Business & Technology Company Inc..

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