Samford University
Overview
Samford University sponsors a self-funded health plan that covered 1,077 participants in plan year 2025, down 22% 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
- 1,077 · prior year 1,387
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Samford University Health and Welfare Plan, plan 501 (1,077 participants)
- Broker compensation
- $181K 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 |
|---|---|---|---|---|
| Unum Life Insurance Company of America | Long-term disability, Life | 1,025 | $765K | $134K |
| Unum Insurance Company | Critical Illness | 867 | $115K | $29K |
| Vision Service Plan | Vision | 622 | $114K | $11K |
| Federal Insurance Company | Business Travel Accident | 1,025 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 1,077 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
- Samford University
- Sponsor EIN
- 63-0312914
- Plan number
- 501
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 63-0312914 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Samford University 403(b) Salary Deferral and Defined Contribution Plan
- Type
- Defined contribution plan
- Participants
- 2,374
About this data
Source: Samford 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 Samford University.