Opendoor Labs, Inc.
Overview
Opendoor Labs, Inc. sponsors a self-funded health plan that covered 1,162 participants in plan year 2025, down 25% 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
- 1,162 · prior year 1,544
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Opendoor Labs, Inc. Health & Welfare Benefit Plan, plan 501 (1,162 participants)
- Stop-loss carrier
- Cigna Health and Life Insurance Company
- Broker compensation
- $102K 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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Company | Medical, Accident, Critical Illness, Hospital Care, Stop-loss | 1,550 | $1.6M | $45K |
| Prudential Insurance Company of America | Life, Short-term disability, Long-term disability | 860 | $472K | $50K |
| Kaiser Foundation Health Plan Inc. | Medical, HMO | 39 | $347K | — |
| Kaiser Foundation Health Plan, Inc. | Medical, HMO | 31 | $197K | — |
| Vision Service Plan | Vision | 743 | $147K | $7K |
| Headspace, Inc. | EAP | 851 | $88K | — |
| Rocket Lawyer Inc. | Prepaid Legal | 1,037 | $37K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,162 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
- Opendoor Labs, Inc.
- Sponsor EIN
- 46-4975399
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 46-4975399 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Opendoor Labs Inc. 401(k) Profit Sharing Plan
- Type
- 401(k) plan
- Participants
- 1,924
About this data
Source: Opendoor Labs, 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 Opendoor Labs, Inc..