NLV Financial Corporation

Montpelier, VT Holding companiesNAICS 551112

Self-funded health planPlan year 2025Renews January
1,418Participants+7% vs. prior year
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#1 of 1Holding companies in VTBy participants

Overview

NLV Financial Corporation sponsors a self-funded health plan that covered 1,418 participants in plan year 2025, up 7% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports dental.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
1,418 · prior year 1,332
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
National Life Insurance Company Group Insurance Plan for Hospital, plan 504 (1,418 participants)
Broker compensation
$88K across insured contracts
MedicalDentalOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyAccident, Critical Illness, Hospital Indemnity463$372K$88K

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,418 participants × $2,371 national average per member. Usually higher once dependents are counted.

$87K–$216K/ year

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

Brands with a generic available$26K–$64K
Lower-cost therapeutic alternatives$37K–$78K
Generic pricing vs. actual cost$16K–$48K
PBM contract terms$8K–$25K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning January 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
NLV Financial Corporation
Sponsor EIN
03-0359222
Plan number
504
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 03-0359222 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
National Life Group Pension Plan for Employees
Type
Pension plan
Participants
1,399

About this data

Source: NLV Financial Corporation'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 NLV Financial Corporation.

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