Panera, LLC
Overview
Panera, LLC sponsors a self-funded health plan that covered 46,056 participants in plan year 2025, down 12% 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
- 46,056 · prior year 52,065
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Panera, LLC Welfare Benefit Plan, plan 501 (46,056 participants)
- Stop-loss carrier
- Healthy Alliance Life Insurance Company
- Broker compensation
- $564K 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 |
|---|---|---|---|---|
| Reliance Standard Life Insurance Company | Life, Long-term disability, Accidental Death & Dismemberment | 15,714 | $2.3M | $31K |
| American Heritage Life Insurance Company | Medical, Life, Accident, Critical Illness, Hospital Indemnity | 2,447 | $1.6M | $493K |
| Kaiser Foundation Health Plan Inc. | Medical | 94 | $1.4M | — |
| Vision Service Plan | Vision | 5,531 | $737K | — |
| Healthy Alliance Life Insurance Company | Stop-loss | 8,262 | $709K | — |
| Kaiser Foundation Health Plan of the Mid-Atlantic States, Inc. | Medical | 36 | $332K | — |
| Shelterpoint Life Insurance Company | NY Statutory Disability | 2,690 | $331K | $20K |
| MetLife Legal Plans | Legal | 664 | $105K | $19K |
| Metropolitan Life Insurance Company | Life | 62 | $96K | — |
| Curalinc, LLC | Employee Assistance Plan | 42,920 | $41K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 46,056 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
- Panera, LLC
- Sponsor EIN
- 04-3212828
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 04-3212828 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Panera, LLC'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 Panera, LLC.