Sensata Technologies, Inc.

Attleboro, MA ManufacturingNAICS 333410

Self-funded health planPlan year 2025Renews January
1,414Participants-9% vs. prior year
$3.4MEst. pharmacy spend / yrParticipants × national avg.
Jan 2027Next renewalPlan year begins January 1
#22 of 48Manufacturing in MABy participants

Overview

Sensata Technologies, Inc. sponsors a self-funded health plan that covered 1,414 participants in plan year 2025, down 9% 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
1,414 · prior year 1,560
Plan year
Begins January 1 · next renewal January 2027
Health plans filed
Sensata Technologies, Inc. Health and Welfare Benefit Plan, plan 501 (1,414 participants)
Broker compensation
$144K across insured contracts
MedicalLife insuranceDentalVisionShort-term disabilityPrepaid legalLong-term disabilityDeath benefitsOther welfare benefits

Insurance carriers

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

CarrierCoverageCoveredPremiumBroker comp
Blue Cross Blue Shield of Massachusetts, Inc.Dental2,240$1.1M$26K
Lincoln National Life Insurance CompanyLong-term disability, Life, Critical Illness, Accident1,253$670K$80K
Vision Service PlanVision799$164K$15K
Zurich American Insurance CompanyAccidental Death and Dismemberment1,261$66K$13K
Health Advocate Solutions Inc.Employee Assistance Program1,257$38K—
Arag Insurance CompanyLegal318$34K$3K
Ace American Insurance CompanyBusiness Travel Accident16,691$23K$6K

Pharmacy benefit estimate

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

$3.4M/ year

Estimated prescription spend: 1,414 participants × $2,371 national average per member. Usually higher once dependents are counted.

$87K–$215K/ year

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

Brands with a generic available$25K–$64K
Lower-cost therapeutic alternatives$37K–$78K
Generic pricing vs. actual cost$16K–$48K
PBM contract terms$8K–$25K
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
Sensata Technologies, Inc.
Sponsor EIN
20-4297839
Plan number
501
Filed with
U.S. Department of Labor (EBSA) via EFAST2

Verify this filing: search EIN 20-4297839 in the Department of Labor's EFAST2 Form 5500 search.

Retirement plan

Plan
Sensata Technologies Contribution and 401(k) Savings Plan
Type
401(k) plan
Participants
2,447

About this data

Source: Sensata Technologies, 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 Sensata Technologies, Inc..

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