Pace University

Pleasantville, NY EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
2,601Participants+32% vs. prior year
$6.2MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#5 of 27Education in NYBy participants

Overview

Pace University sponsors a self-funded health plan that covered 2,601 participants in plan year 2025, up 32% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,601 · prior year 1,970
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Pace University Health and Welfare Benefit Plan, plan 523 (2,601 participants)
Broker compensation
$218K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
First Reliance Standard Life Insurance CompanyLife, Long-term disability2,601$1.6M$204K
Aetna Life Insurance CompanyDental, Vision2,032$142K$6K
First Unum Life Insurance CompanyLong Term Care30$53K$8K
Aetna Behavioral Health, LLCEmployee Assistance Program2,601$20K—

Pharmacy benefit estimate

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

$6.2M/ year

Estimated prescription spend: 2,601 participants × $2,371 national average per member. Usually higher once dependents are counted.

$160K–$395K/ year

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

Brands with a generic available$47K–$117K
Lower-cost therapeutic alternatives$68K–$143K
Generic pricing vs. actual cost$30K–$89K
PBM contract terms$15K–$46K
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
Pace University
Sponsor EIN
13-5562314
Plan number
523
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-5562314 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Pace University Defined Contribution Retirement Plan
Type
Defined contribution plan
Participants
5,585

About this data

Source: Pace 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 Pace University.

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