Saint John's University

Jamaica, NY EducationNAICS 611000

Self-funded health planPlan year 2025Renews January
2,113Participants-2% vs. prior year
$5.0MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#7 of 27Education in NYBy participants

Overview

Saint John's University sponsors a self-funded health plan that covered 2,113 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, prepaid legal, and more.

Plan type
ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
Participants
2,113 · prior year 2,152
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
St. John's University Welfare Benefit Plan, plan 502 (2,113 participants)
Broker compensation
$110K across insured contracts
MedicalLife insuranceDentalVisionPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
New York Life Group Insurance Company of New YorkLife, Accidental Death and Dismemberment, Long-term disability1,602$1.2M$86K
Aetna Life Insurance Co.Dental, Vision1,342$351K$6K
John HancockLong-Term Care37$123K$11K
Aetna Life Insurance CompanyLong-Term Care35$103K—
Arag Insurance CompanyLegal440$49K$6K
Starr Indemnity & Liability CompanyBusiness Travel Accident1,602$10K$1K

Pharmacy benefit estimate

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

$5.0M/ year

Estimated prescription spend: 2,113 participants × $2,371 national average per member. Usually higher once dependents are counted.

$130K–$321K/ year

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

Brands with a generic available$38K–$95K
Lower-cost therapeutic alternatives$56K–$116K
Generic pricing vs. actual cost$24K–$72K
PBM contract terms$13K–$38K
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
Saint John's University
Sponsor EIN
11-1630830
Plan number
502
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 11-1630830 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
St. John's University Defined Contribution Retirement Plan
Type
Defined contribution plan
Participants
5,444

About this data

Source: Saint John's University'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 Saint John's University.

Request a correction · Methodology