Proskauer Rose LLP

New York, NY Professional servicesNAICS 541110

Self-funded health planPlan year 2025Renews January
1,492Participants+1% vs. prior year
$3.5MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#24 of 70Professional services in NYBy participants

Overview

Proskauer Rose LLP sponsors a self-funded health plan that covered 1,492 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
1,492 · prior year 1,477
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Proskauer Rose LLP Welfare Benefit Plan, plan 520 (1,492 participants)
Broker compensation
$864K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
First Unum Life Insurance CompanyShort-term disability, Life, Long-term disability3,254$3.7M$246K
Metropolitan Life Insurance CompanyLife398$2.6M$165K
Massachusetts Mutual Life Insurance CompanyLong-term disability211$1.3M$241K
Delta Dental of New YorkDental1,519$997K$50K
Lloyds of LondonShort-term disability190$768K$146K
Vision Service PlanVision796$203K$10K
Cigna Health and Life Insurance Company and Affiliates (cigna)Dental249$100K$5K
National Union Fire Ins. Co. of Pittsburgh, PABusiness Travel Accident1,576$250$63

Pharmacy benefit estimate

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

$3.5M/ year

Estimated prescription spend: 1,492 participants × $2,371 national average per member. Usually higher once dependents are counted.

$92K–$227K/ year

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

Brands with a generic available$27K–$67K
Lower-cost therapeutic alternatives$39K–$82K
Generic pricing vs. actual cost$17K–$51K
PBM contract terms$9K–$27K
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
Proskauer Rose LLP
Sponsor EIN
13-1840454
Plan number
520
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 13-1840454 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Proskauer Rose LLP Savings Plan for Staff and Partners
Type
401(k) plan
Participants
1,277

About this data

Source: Proskauer Rose LLP'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 Proskauer Rose LLP.

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