Nvent Management Company
Overview
Nvent Management Company sponsors a self-funded health plan that covered 4,473 participants in plan year 2025, up 15% 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
- 4,473 · prior year 3,877
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Nvent Management Company Active Employee Welfare Plan, plan 502 (4,473 participants)
- Broker compensation
- $122K 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 |
|---|---|---|---|---|
| Securian Life Insurance Company | Accidental Death and Dismemberment, Life, Accident, Critical Illness | 4,423 | $2.4M | $106K |
| Lincoln National Life Insurance Company | Long-term disability | 4,310 | $1.1M | $15K |
| Medica | Medical | 124 | $494K | — |
| Eyemed Vision Care on Behalf of Fidelity Security Life Insurance Co. | Vision | 4,779 | $315K | — |
| Ucare Minnesota | Medical | 63 | $230K | — |
| Arag Insurance Company | Legal | 1,016 | $111K | — |
| ComPsych Corporation | Employee Assistance Program | 4,360 | $59K | — |
| National Union Fire Ins. Co. of Pittsburgh, PA | Accidental Death and Dismemberment, Business Travel Accident/ad&d | 4,473 | $16K | $2K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 4,473 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
- Nvent Management Company
- Sponsor EIN
- 82-3123161
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 82-3123161 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Nvent Management Company Retirement Savings and Investment Plan
- Type
- 401(k) plan
- Participants
- 6,939
About this data
Source: Nvent Management Company'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 Nvent Management Company.