Phillips Exeter Academy
Overview
Phillips Exeter Academy sponsors a self-funded health plan that covered 592 participants in plan year 2024. The plan year starts in July. 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
- 592
- Plan year
- Begins July 1 · next renewal July 2027
- Health plans filed
- Phillips Exeter Academy Employee Health & Welfare Benefit Plan, plan 507 (592 participants)
- Broker compensation
- $65K 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 |
|---|---|---|---|---|
| Sierra Health and Life Insurance Company, Inc. | Medical, Prescription drug, Vision | 135 | $868K | — |
| United of Omaha Life Insurance Company | Life, Short-term disability, Long-term disability | 583 | $509K | $58K |
| Red Tree Insurance Company, Inc. | Vision | 665 | $40K | $5K |
| Pre-Paid Legal Services Inc. DBA Legalshield | Legal | 88 | $15K | $3K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 592 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 2024
- Plan sponsor
- Phillips Exeter Academy
- Sponsor EIN
- 02-0222174
- Plan number
- 507
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 02-0222174 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Phillips Exeter Academy Retirement Plan
- Type
- Defined contribution plan
- Participants
- 1,638
About this data
Source: Phillips Exeter Academy's Form 5500 filing for plan year 2024 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 Phillips Exeter Academy.