Samaritan's Purse

Boone, NC Other servicesNAICS 813000

Self-funded health planPlan year 2025Renews January
1,659Participants+11% vs. prior year
$3.9MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#4 of 5Other services in NCBy participants

Overview

Samaritan's Purse sponsors a self-funded health plan that covered 1,659 participants in plan year 2025, up 11% 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
1,659 · prior year 1,496
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Samaritan's Purse Welfare Benefits Plan, plan 511 (1,659 participants)
Stop-loss carrier
Sunlife Assurance Company of Canada
Broker compensation
$547K across insured contracts
MedicalLife insuranceDentalVisionLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Sunlife Assurance Company of CanadaStop-loss1,532$3.6M$207K
UnitedHealthcare Insurance CompanyMedical777$2.1M$159K
Northwestern Long Term Care Insurance CompanyLong Term Care387$1.5M$144K
Life Insurance Company of North AmericaAccidental Death, VOL ACC Death, Life, Long-term disability, VOL Life1,659$952K$29K
Delaware American Life Insurance of AmericaLong-term disability266$99K—
Delaware American Life Insurance CompanyLife303$90K$9K

Pharmacy benefit estimate

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

$3.9M/ year

Estimated prescription spend: 1,659 participants × $2,371 national average per member. Usually higher once dependents are counted.

$102K–$252K/ year

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

Brands with a generic available$30K–$75K
Lower-cost therapeutic alternatives$44K–$91K
Generic pricing vs. actual cost$19K–$57K
PBM contract terms$10K–$30K
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
Samaritan's Purse
Sponsor EIN
58-1437002
Plan number
511
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 58-1437002 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Samaritan's Purse 401(k) Retirement Plan
Type
401(k) plan
Participants
2,322

About this data

Source: Samaritan's Purse'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 Samaritan's Purse.

Request a correction · Methodology