Seniorlink, Inc.

Auburn, MA Health careNAICS 621610

Self-funded health planPlan year 2025Renews May
800Participants+7% vs. prior year
$1.9MEst. pharmacy spend / yrParticipants × national avg.
May 2027Next renewalPlan year begins May 1
#30 of 40Health care in MABy participants

Overview

Seniorlink, Inc. sponsors a self-funded health plan that covered 800 participants in plan year 2025, up 7% from the prior year. The plan year starts in May. 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
800 · prior year 751
Plan year
Begins May 1 · next renewal May 2027
Health plans filed
Seniorlink, Inc. Employee Benefits Plan, plan 501 (800 participants)
Broker compensation
$79K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityLong-term disabilityOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
The Guardian Life Insurance Company of AmericaVision, Life, Short-term disability, Long-term disability800$582K$61K
Cigna Health and Life Insurance CompanyVOL. Critical Illness, Accident & Hospit315$95K$18K

Pharmacy benefit estimate

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

$1.9M/ year

Estimated prescription spend: 800 participants × $2,371 national average per member. Usually higher once dependents are counted.

$49K–$122K/ year

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

Brands with a generic available$14K–$36K
Lower-cost therapeutic alternatives$21K–$44K
Generic pricing vs. actual cost$9K–$27K
PBM contract terms$5K–$14K
The DOL's PBM fee disclosure rule first applies to this plan for the plan year beginning May 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
Seniorlink, Inc.
Sponsor EIN
04-3520800
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 04-3520800 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Careforth 401(k) Plan
Type
401(k) plan
Participants
1,018

About this data

Source: Seniorlink, 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 Seniorlink, Inc..

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