Popular Bank
Overview
Popular Bank sponsors a self-funded health plan that covered 889 participants in plan year 2025, about the same as 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
- 889 · prior year 889
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Popular Bank Welfare Plans, plan 501 (889 participants)
- Broker compensation
- $100K 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 |
|---|---|---|---|---|
| Life Insurance Company of North America | Life, Long-term disability, Short-term disability | 760 | $631K | $68K |
| UnitedHealthcare Insurance Company | Dental, Vision | 597 | $535K | $30K |
| Pre-Paid Legal Services Inc. DBA Legal Shield | Legal Services Plan Memberships | 66 | $8K | $2K |
| United Behavioral Health DBA Optum | EAP | 801 | $8K | — |
| Abarca Health LLC | Prescription drug | 385 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 889 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
- Popular Bank
- Sponsor EIN
- 52-2126008
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 52-2126008 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Popular Bank'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 Popular Bank.