Nextera Energy, Inc.
Overview
Nextera Energy, Inc. sponsors a self-funded health plan that covered 8,440 participants in plan year 2025, down 11% 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
- 8,440 · prior year 9,467
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Nextera Energy, Inc. Retiree Benefits Plan, plan 504 (8,440 participants)
- Broker compensation
- $733K 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 |
|---|---|---|---|---|
| Metropolitan Life Insurance Company | Life, Business Travel Accident | 31,716 | $25.1M | $422K |
| Lincoln National Life Insurance Company | Long-term disability | 16,837 | $8.4M | $194K |
| Reliastar Life Insurance Company | Accident, Critical Illness, Hospital | 31,414 | $2.9M | $117K |
| Vision Service Plan | Vision | 13,201 | $2.2M | — |
| Kaiser Foundation Health Plan Inc. | Medical | 82 | $879K | — |
| Cigna Health and Life Insurance Company and Affiliates | Dental, HMO | 3,922 | $701K | — |
| Delta Dental Insurance Company | Dental | 540 | $240K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 8,440 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
- Nextera Energy, Inc.
- Sponsor EIN
- 59-2449419
- Plan number
- 504
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 59-2449419 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Nextera Energy, Inc. Employee Pension Plan
- Type
- Pension plan
- Participants
- 29,411
About this data
Source: Nextera Energy, 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 Nextera Energy, Inc..