Northeastern University
Overview
Northeastern University sponsors a self-funded health plan that covered 6,735 participants in plan year 2025, up 6% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, prepaid legal, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 6,735 · prior year 6,348
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Northeastern University Welfare Benefits Plan, plan 505 (6,735 participants)
- Broker compensation
- $283K 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 |
|---|---|---|---|---|
| Lincoln National Life Insurance Company | Long-term disability, Life | 6,506 | $4.0M | $193K |
| Fidelity Security Life Insurance Company | Vision | 7,585 | $580K | $58K |
| John Hancock Life Insurance Company USA | Group Long Term Care | 230 | $448K | — |
| Metropolitan General Insurance Company | Legal | 1,304 | $320K | $32K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 6,735 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
- Northeastern University
- Sponsor EIN
- 04-1679980
- Plan number
- 505
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-1679980 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Northeastern University Retirement Plan
- Type
- Defined contribution plan
- Participants
- 14,950
About this data
Source: Northeastern University'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 Northeastern University.