Ringcentral, Inc.

Belmont, CA Information & technologyNAICS 517000

Self-funded health planPlan year 2025Renews January
2,022ParticipantsFirst year on file
$4.8MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#3 of 12Information & technology in CABy participants

Overview

Ringcentral, Inc. sponsors a self-funded health plan that covered 2,022 participants in plan year 2025. 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
2,022
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Ringcentral, Inc. Severance Plan, plan 502 (2,022 participants)
Broker compensation
$109K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilitySeveranceDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Kaiser Foundation Health Plan, Inc.Medical, Prescription drug, HMO306$2.6M—
Reliance Standard Life Insurance CompanyLife, Short-term disability, Long-term disability1,774$2.0M$79K
Kaiser Foundation Health Plan of ColoradoMedical, Prescription drug, HMO230$1.5M$5K
Workplace OptionsEmployee Assistance Program1,775$63K—
Pre-Paid Legal Services Inc. DBA LegalshieldLegal309$52K$4K
Rocket LawyerLegal2,809$34K—
Four Ever Life Ins Co.Business Travel Accident1,775$29K$9K

Pharmacy benefit estimate

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

$4.8M/ year

Estimated prescription spend: 2,022 participants × $2,371 national average per member. Usually higher once dependents are counted.

$125K–$307K/ year

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

Brands with a generic available$36K–$91K
Lower-cost therapeutic alternatives$53K–$111K
Generic pricing vs. actual cost$23K–$69K
PBM contract terms$12K–$36K
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
Ringcentral, Inc.
Sponsor EIN
94-3322844
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 94-3322844 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Ringcentral Inc.
Type
401(k) plan
Participants
2,961

About this data

Source: Ringcentral, 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 Ringcentral, Inc..

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