Nextiva
Overview
Nextiva sponsors a self-funded health plan that covered 746 participants in plan year 2025, down 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
- 746 · prior year 829
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Nextiva Employee Benefits Plan, plan 501 (746 participants)
- Broker compensation
- $65K 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 |
|---|---|---|---|---|
| United of Omaha Life Insurance Company | Life, Short-term disability, Long-term disability | 557 | $562K | $34K |
| Cigna Health and Life Insurance Company | Accident, Critical Illness, Hospital | 557 | $159K | $24K |
| Vision Service Plan | Vision | 447 | $68K | — |
| Pre-Paid Legal Services, Inc. DBA Legalshield | Legal | 138 | $41K | $7K |
| Curalinc, LLC, DBA Curalinc Healthcare | Employee Assistance Program | 701 | $28K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 746 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
- Nextiva
- Sponsor EIN
- 20-8820926
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 20-8820926 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Nextiva 401(k) Plan
- Type
- 401(k) plan
- Participants
- 1,019
About this data
Source: Nextiva'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 Nextiva.