Ribbon Communications Operating Company, Inc.

Plano, TX ManufacturingNAICS 334200

Self-funded health planPlan year 2025Renews January
665Participants0% vs. prior year
$1.6MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#118 of 149Manufacturing in TXBy participants

Overview

Ribbon Communications Operating Company, Inc. sponsors a self-funded health plan that covered 665 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
665 · prior year 666
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ribbon Communications Operating Company, Inc., plan 501 (665 participants)
Broker compensation
$174K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityDeath benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability679$1.3M$174K
Vision Service PlanVision566$123K—

Pharmacy benefit estimate

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

$1.6M/ year

Estimated prescription spend: 665 participants × $2,371 national average per member. Usually higher once dependents are counted.

$41K–$101K/ year

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

Brands with a generic available$12K–$30K
Lower-cost therapeutic alternatives$18K–$37K
Generic pricing vs. actual cost$8K–$23K
PBM contract terms$4K–$12K
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
Ribbon Communications Operating Company, Inc.
Sponsor EIN
04-3387074
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-3387074 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ribbon Communications 401(k) Profit Sharing Plan
Type
401(k) plan
Participants
1,382

About this data

Source: Ribbon Communications Operating Company, Inc.'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 Ribbon Communications Operating Company, Inc..

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