Public Service Enterprise Group Incorporated
Overview
Public Service Enterprise Group Incorporated sponsors a self-funded health plan that covered 15,120 participants in plan year 2025, up 5% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 15,120 · prior year 14,443
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Public Service Enterprise Group Inc. Postretirement Suppl Health Benefit Plan, plan 539 (15,120 participants); Public Service Enterprise Group Incorporated Medical Benefits Plan for Retired Employees, plan 536 (5,712 participants); Public Service Enterprise Group Incorporated Benefits 2000 Benefits Plan for Non-Represented Employees, plan 541 (3,442 participants); Public Service Enterprise Group Incorporated Selectline Benefits Plan, plan 535 (352 participants)
- Broker compensation
- $1.4M 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 | $62.9M | $1.3M |
| Life Insurance Company of North America | Long-term disability | 3,442 | $9.8M | $15K |
| 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 | $293K | — |
| Aetna Life Insurance Company and Affiliates | Dental | 636 | $293K | — |
| Provident Life and Accident Insurance Company | Long-term disability | 310 | $153K | $31K |
| Federal Insurance Company | Accidental Death and Dismemberment | 10,441 | $110K | $22K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 15,120 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
- Public Service Enterprise Group Incorporated
- Sponsor EIN
- 22-2625848
- Plan numbers
- 539, 536, 541, 535
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 22-2625848 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Pension Plan of Public Service Enterprise Group Incorporated
- Type
- Pension plan
- Participants
- 20,517
About this data
Source: Public Service Enterprise Group Incorporated'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 Public Service Enterprise Group Incorporated.