NBT Bancorp Inc.
Overview
NBT Bancorp Inc. sponsors a self-funded health plan that covered 2,239 participants in plan year 2025, up 2% 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
- 2,239 · prior year 2,195
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- NBT Bancorp Inc. Welfare Benefit Plan, plan 508 (2,239 participants)
- Broker compensation
- $127K 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 |
|---|---|---|---|---|
| Delta Dental of New York | Dental | 3,504 | $1.2M | — |
| First Reliance Standard | Short-term disability, Long-term disability | 2,311 | $1.0M | $106K |
| Renaissance Life & Health Insurance Company of New York | Life | 2,347 | $723K | $19K |
| Vision Service Plan | Vision | 1,631 | $157K | — |
| Employee Network, Inc. | Employee Assistance Program | 1,970 | $45K | — |
| Federal Insurance Company | Travel Accident Insurance/ad&d | 2,141 | $7K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 2,239 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
- NBT Bancorp Inc.
- Sponsor EIN
- 16-1268674
- Plan number
- 508
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 16-1268674 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- NBT Bancorp Inc. Defined Benefit Pension Plan
- Type
- Pension plan
- Participants
- 2,865
About this data
Source: NBT Bancorp 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 NBT Bancorp Inc..