Scholastic Inc.
Overview
Scholastic Inc. sponsors a self-funded health plan that covered 3,756 participants in plan year 2025, down 2% 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
- 3,756 · prior year 3,833
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Benefit Plan - Group Insurance, plan 501 (3,756 participants); Scholastic Inc. Retiree Medical Plan, plan 504 (50 participants)
- Stop-loss carrier
- Reliastar Life Insurance Company of New York
- Broker compensation
- $217K 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 |
|---|---|---|---|---|
| First Unum Life Insurance Company | Life, Long-term disability, DBL, Short-term disability | 3,715 | $2.6M | $80K |
| Reliastar Life Insurance Company of New York | Stop-loss | 2,515 | $1.3M | $117K |
| New York Life Group Insurance Company of NY | Short-term disability, Long-term disability, Statutory Disability, Life, Accidental Death & Dismemberment | 3,734 | $505K | — |
| Vision Service Plan | Vision | 2,306 | $318K | $19K |
| United Behavioral Health DBA Optum | EAP | 4,411 | $147K | — |
| MetLife Legal Plans | Legal | 369 | $96K | — |
| Unum Life Insurance Company of America | Short-term disability | 112 | $34K | $1K |
| National Union Fire Insurance Co. | Accidental Death and Dismemberment | 3,167 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 3,756 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
- Scholastic Inc.
- Sponsor EIN
- 13-1824190
- Plan numbers
- 501, 504
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 13-1824190 in the Department of Labor's EFAST2 Form 5500 search.
About this data
Source: Scholastic 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 Scholastic Inc..