Pseg Power LLC
Overview
Pseg Power LLC sponsors a self-funded health plan that covered 512 participants in plan year 2025, up 3% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 512 · prior year 495
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Pseg Power LLC Benefits 2000 Health and Welfare Benefits Plan for Represented Employees, plan 545 (512 participants); Pseg Power LLC Choices Benefits Plan, plan 544 (94 participants)
- Broker compensation
- $906K 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 |
|---|---|---|---|---|
| Securian Life Insurance | Life | 25,356 | $41.9M | $899K |
| Life Insurance Company of North America | Long-term disability | 512 | $4.9M | $8K |
| Prudential Insurance Company of America | Long Term Care | 450 | $2.6M | — |
| Metropolitan Life Insurance Company | Vision | 4,354 | $734K | — |
| Aetna Life Insurance Co. | Dental | 636 | $585K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 512 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
- Pseg Power LLC
- Sponsor EIN
- 22-3663480
- Plan numbers
- 545, 544
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 22-3663480 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Pseg Power 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 Pseg Power LLC.