Samsung Electronics America, Inc.
Overview
Samsung Electronics America, Inc. sponsors a self-funded health plan that covered 5,983 participants in plan year 2025, down 8% from 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
- 5,983 · prior year 6,509
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Samsung Regional Health and Welfare Plan, plan 502 (5,983 participants)
- Broker compensation
- $1.3M 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 |
|---|---|---|---|---|
| Reliance Standard Life Insurance Company | Life, Long-term disability, Accidental Death and Dismemberment, Short-term disability | 4,548 | $3.7M | $443K |
| Kaiser Foundation Health Plan Inc. | Medical, Prescription drug, HMO | 173 | $2.3M | — |
| Cigna Health and Life Insurance Company | Accident, Hospital Care, Critical Illness | 705 | $1.1M | $818K |
| Lyra Health, Inc. | Employee Assistance Program | 4,244 | $314K | — |
| National Union Fire Ins. Co. of Pittsburgh, PA | Accidental Death and Dismemberment | 5,419 | $31K | $6K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 5,983 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
- Samsung Electronics America, Inc.
- Sponsor EIN
- 13-2951153
- Plan number
- 502
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 13-2951153 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Samsung 401(k) Plan
- Type
- 401(k) plan
- Participants
- 20,495
About this data
Source: Samsung Electronics America, 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 Samsung Electronics America, Inc..